AI OS Developer Veritone Acquires PandoLogic for $150M

, AI OS Developer Veritone Acquires PandoLogic for $150M
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, AI OS Developer Veritone Acquires PandoLogic for $150M

Veritone, creator of an early AI operating system, will acquire recruiting technology provider PandoLogic for $150 million in cash and stock. The deal is worth approximately triple PandoLogic’s expected 2021 GAAP revenues, the companies said. They expect the acquisition to  be “immediately accretive,” with PandoLogic generating more than $50 million in SaaS and related GAAP […]

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