Oosto Supercharges Growth with Acquisition by Metropolis
5 days ago · With Metropolis’ support, Oosto is poised to redefine the real-world applications of AI, combining industry-leading expertise to drive advancements in automation, safety, and security. The companies are well-positioned to deliver innovative solutions that enhance efficiency, ensure safety and create remarkable experiences for customers across ...
Confirmed: AI vision startup Metropolis acquires Oosto (formerly …
6 days ago · In one of the latest developments, TechCrunch has learned and confirmed that Metropolis, an AI-powered parking platform, has acquired Oosto, the controversial computer vision company that used to ...
Why the Metropolis Acquisition of Oosto Signals a New Era for AI …
4 days ago · When the news broke that Oosto, a leader in AI-driven security and video analytics, was being acquired by Metropolis, a company known for parking automation and frictionless payments, it made waves across the industry.A security-centric AI company joining forces with a parking tech company might seem unexpected at first, but this move represents a …
Facial recognition firm Oosto, formerly AnyVision, sold for $125M …
Jan 20, 2025 · Oosto, formerly AnyVision, has been sold for just $125 million to the American parking lot company Metropolis. Most of the transaction was conducted in Metropolis shares rather than cash. This represents a disappointing exit for a company that once generated significant interest and raised an impressive $352 million.
Oosto bought for $125M, far less than $352M raised but 6x …
6 days ago · Oosto’s deal with Metropolis was likely orchestrated by Oosto and Metropolis shareholder Eldridge Industries. The U.S.-based AI parking platform is used in 4,000 locations and is reportedly in the process of fundraising. CEO Avi Golan and CTO Dieter Joecker are expected to take senior roles at Metropolis. As part of the transaction, Oosto’s ...
Metropolis buys Israeli facial recognition co Oosto - Globes
6 days ago · The US AI powered parking platform is acquiring Oosto for $125 million in an all-share deal, "TechCrunch" reports. US AI powered parking platform Metropolis is acquiring Israeli AI facial recognition company Oosto (formerly AnyVision), "TechCrunch" has confirmed. "Globes" was the first to report over the weekend that Oosto was in the final stages of being sold to a …
Metropolis Expands AI Capabilities: Acquires Oosto in a …
Jan 20, 2025 · Parking platform Metropolis is making waves with its bold acquisition of AI vision startup Oosto for $125 million, an all-stock deal. This move paves the way for advanced computer vision integration in Metropolis's parking solutions, potentially revolutionizing drive-through and retail operations. Meanwhile, Oosto faces a stark devaluation from its $380 million investment pool, driven by ...
Metropolis Acquires Oosto in $125M AI Vision Deal - Stealth …
6 days ago · Metropolis' acquisition of Oosto's intellectual property and team, including CEO Avi Golan and CTO Dieter Joeckr, enables the company to grow its AI-powered parking solutions and explore new applications across industries like drive-throughs and retail. For Oosto, the acquisition offers a lifeline after years of financial and reputational ...
AI Visual Startup Metropolis Acquires Oosto for $125 Million
6 days ago · Metropolis, an AI-based parking platform, has acquired the controversial computer vision company Oosto, which was previously known as AnyVision. The transaction is an all-stock deal valued at $125 million, significantly lower than the $380 million Oosto raised from investors over the years, and clearly below its peak valuation.
Oosto on LinkedIn: Oosto Supercharges Growth with Acquisition …
Oosto, a leading provider of AI-powered security and video analytics solutions, has been acquired by Metropolis. “This is an exciting milestone for our customers, partners, and employees worldwide.
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