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Joanna Glasner
Verified
Business and Technology Columnist, Crunchbase News
San Francisco
Beats
e-commerceRetail home retailers DTC (direct to consumer)
astrology
Content
By Joanna Glasner Verified| Crunchbase News Verified Spacial computing and AI unicorn Infinite Reality announced today that it will acquire agentic AI company Touchcast in a cash and stock deal valued at $500 million. The purchase is the latest in a long spree of acquisitions by 6-year-old Infinite Reality. Per Crunchbase data, the company has made 10 acquisitions to date, including eight since last April. Many are rather pricey deals too.
By Joanna Glasner Verified| Crunchbase News Verified Going public is not a decision any company takes lightly. For complex, high-revenue businesses in particular, an IPO filing reliably requires years of preparation and hefty investment. Likewise, postponing or canceling a planned debut is never a flippant choice. Sometimes there’s a positive reason, like an acquirer swooping in with an attractive offer. More commonly, it’s a negative one, like a market downturn.
By Joanna Glasner Verified| Crunchbase News Verified Spacial computing and AI unicorn Infinite Reality announced today that it will acquire agentic AI company Touchcast in a cash and stock deal valued at $500 million. The purchase is the latest in a long spree of acquisitions by 6-year-old Infinite Reality. Per Crunchbase data, the company has made 10 acquisitions to date, including eight since last April. Many are rather pricey deals too.
Company Info
Crunchbase News
Crunchbase is a prominent provider of intelligent prospecting software, established in 2007 by Michael Arrington, Sam O'Keefe, and John Borthwick. Originally created as a database to track startups featured in TechCrunch articles, it has since developed into a comprehensive platform that offers tools for investment analytics, trend analysis, web traffic review, and marketing. Crunchbase is well-known for its extensive database of startup information, making it a valuable resource for investors, entrepreneurs, and researchers. The company offers several key services, including Crunchbase Pro, an in-depth search tool for detailed insights into companies and startups, and Crunchbase Enterprise, which provides enhanced features for larger organizations, such as API access and custom data solutions. Additionally, Crunchbase supplies comprehensive data on startups, including funding rounds and acquisitions, along with news and insights related to the tech industry. Its services are utilized by venture capitalists, private equity firms, startup founders, and corporate development teams to inform their business decisions.
San Francisco, United States
+1 415-849-0002
Founded: 2007