Qualcomm Inc. is buying Scyfer BV, a Dutch artificial intelligence business founded by a professor at the University of Amsterdam.
The San Diego business announced the buy on Aug. 16. Financial terms were not disclosed.
Qualcomm (Nasdaq: QCOM) said the acquisition augments its existing work in on-device artificial intelligence, which can complement artificial intelligence based in the cloud. On-device AI is preferable in many use cases.
“We started fundamental research a decade ago, and our current products now support many AI use cases from computer vision and natural language processing to malware detection on a variety of devices — such as smartphones and cars — and we are researching broader topics, such as AI for wireless connectivity, power management and photography,” said Matt Grob, Qualcomm’s executive vice president for technology, in a prepared statement.
Max Welling founded Scyfer and he will continue his role as a professor at the University of Amsterdam. The rest of the company will remain in Amsterdam as well.
Scyfer has built artificial intelligence solutions for companies worldwide and in a number of different industries, such as manufacturing, health care and finance.
In 2015, Qualcomm and the University of Amsterdam established QUVA, a joint research lab focused on advancing cutting-edge machine learning techniques for mobile and computer vision.