Sonos Buys Snips For Voice Technology In $37.5M Deal
socalTECH
NOVEMBER 21, 2019
Santa Barbara-based Sonos said on Wednesday afternoon that it has acquired Snips , a developer of an artificial intelligence platform for enabling voice interaction with connected devices. According to Sonos, it paid approximately $37.5M for Snips, subject to purchase price adjustments and holdbacks.
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