Acquisition History / Intel / Nervana Systems

Intel Acquires Nervana Systems

Announced August 9, 2016 — $350,000,000–$400,000,000

IntelArtificial intelligence2016

What happened

A deep learning startup.

Acquirer
Intel
Target
Nervana Systems
Announced
August 9, 2016
Price
$350,000,000–$400,000,000
Industry
Artificial intelligence

By the numbers

Intel's acquisition history
87th of 105 tracked deals
Disclosed prices
37 of 105 Intel deals
Intel's average disclosed price
$1.48B
Intel's largest disclosed deal
Altera ($16.70B)
Tracked acquisitions in 2016
106 across all acquirers
Intel in Artificial intelligence
2 acquisitions

Frequently Asked Questions About This Acquisition

When did Intel acquire Nervana Systems?

Intel acquired Nervana Systems on August 9, 2016. This was Intel's 87th publicly tracked acquisition out of 105 we have on record.

How much did Intel pay for Nervana Systems?

Intel paid $350,000,000–$400,000,000 for Nervana Systems.

What does Nervana Systems do?

A deep learning startup.

What other Artificial intelligence companies has Intel acquired?

Intel has made 2 acquisitions in Artificial intelligence, including Nervana Systems. See the full list on the Artificial intelligence and Intel acquisition pages.

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