(IN BRIEF) Vaisala has agreed to acquire Atmo, Inc., a San Francisco-based AI weather forecasting company, for a fixed purchase price of USD 70 million, with an additional earn-out of up to USD 60 million tied to business performance and … Read the full press release →
Posted in Artificial Intelligence (AI), Business, Defence, Environment, European Union, Financial, Finland, Internet & Online, Investment, Management, News, Science, Security & Safety, Technology
Tagged AI forecasting models, AI weather forecasting, Alexander Levy, artificial intelligence, Asia-Pacific, Atmo, Atmo Inc, best inventions 2024, contracted revenue, defence organisations, EUR 9 million share component, inside information, meteorological agencies, meteorology, regulatory approvals, Samuli Hänninen, San Francisco, sensor technology, sensor to insight, Series A shares, services and software revenue, stock exchange release, TIME Magazine, USD 60 million earn-out, USD 70 million acquisition, Vaisala, Vaisala Acquires Atmo to Build Integrated Weather Technology Offering from Sensor to Insight, Vaisala and Atmo Combine Weather Observation Expertise and AI Forecasting Technology, Vaisala Corporation, Vaisala Moves to Lead AI-Driven Transformation of Meteorology with Planned Atmo Acquisition, Vaisala Strengthens Xweather Growth Strategy with Acquisition of AI Meteorology Company Atmo, Vaisala Xweather, weather forecasting, weather intelligence, weather observation, weather services, weather software, weather technology, weather-dependent industries, Xweather business
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