Sunday, September 25, 2016

Apple acquires Hyderabad-based Tuplejump

Apple has acquired a Hyderabad-based machine learning startup Tuplejump to strengthen its expertise in artificial intelligence, reports TechCrunch.

"Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." the Cupertino giant told the publication, indicating the deal was likely an acqui-hire.

Tuplejump was founded in 2013 by Rohit Rai, Satyaprakash Buddhavarapu and Deepak Alur and helps companies to store, process and visualise big data. Tuplejump's website has now shut down and founders Rohit Rai and Satyaprakash Buddhavarapu have joined Apple, as indicated by their LinkedIn profiles. Third co-founder Deepak Alur has joined Premji Invest-backed Anaplan as engineering head.

This deal comes a month after Apple acquired another machine learning company Turi. It had also bought deep learning company Perceptio in October last year.

Apple's India foray

In May, Apple CEO Tim Cook had announced plans to setup a "design and development" startup accelerator in Bengaluru, during his first public visit to the country. The company had agreed to lease more than 40,000 square feet of office space in Bengaluru, ET reported in July this year.

Cook also inaugurated the company's first development centre in Hyderabad that is expected to work on Apple Maps, and stated plans to open its own retail outlets in the country, at a time when the Cupertino giant is doubling down on its India business.

In July, Cook said that iPhone sales in India had grown by 51% in the first nine months, despite a global slowdown in its iPhone sales.

Courtesy : Techgig

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