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.
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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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