By ET Bureau - December 02, 2022 1 Mins Read
Mozilla, the developer of the Firefox web browser, has made a rare foray into the world of mergers and acquisitions, acquiring the recently defunct California-based productivity startup Pulse.
The deal, which is essentially a “acqui-hire,” hasn’t been disclosed yet, but Mozilla plans to use the Pulse team for a variety of machine learning (ML) projects. Although Pulse had only received about USD 4.7 million in pre-seed funding, according to Crunchbase data, it’s safe to assume that Mozilla hasn’t spent extravagantly on the startup.
Mozilla hasn’t made any financial disclosures about the deal. The business is utilizing ML in a number of voice and speech projects.
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