Saturday, May 10, 2014

Ginger Software has Sold Personal Assistant Software to Intelligent Intel

The companies are going nuts for providing the personal assistant on the Smartphones. The Apple has Siri and from Now on Intel has Ginger. The Intel has Acquired an Artificial Intelligence holdings, the chipmaker has acquired some selected assets from Israel’s Ginger Software in the area of natural language processing and understanding. These assets are acquired to enhance with third parties to create customized personal assistant and the acquisition has worth $30 million. The Israeli Ginger Software has funded by investor like Li Ka- Shing’s, Horizon Ventures and after the acquisition Intel says the Ginger will continue to operate as the separate division and will also focus on its remaining business like intelligent grammar and spell check utilities. This is not the first time when ginger going through bad time but previously when their chairperson leaves the company to serve at Facebook Israel. The acquisition has firstly published on Hebrew Publications and it confirmed by Ginger itself.


TechCrunch Says “On May 8, Intel acquired natural language processing tools and applications assets from Ginger Software, and it is hiring up to 16 engineers associated with this business,” an Intel spokesperson further elaborated. “We are not disclosing details about how Intel might use the Ginger Software technologies at this time and we are not disclosing terms of the deal. Please note – We’re acquiring the assets and engineering team associated with Ginger Software’s natural language processing tools and applications. We aren’t acquiring Ginger Software’s Grammar and Spell Checker.”


The company has many experts in the IT field including the founder, CEO and Chief Scientist Yael Karov; she is a expert in Natural Language processing, co-founder and CTO too. The group also has NLP expert Micha Breakstone, and a man who founded and invented several tech under the guidance of Karov.

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