Get the latest tech news

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital


EXCLUSIVE: PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

The automotive industry is in the midst of dramatic technological change as companies seek out new ways to make money beyond building and selling gas-powered cars. The Korean tech giant is acquiring Oxford Semantic Technologies, a U.K.-based knowledge graph startup that has built an AI reasoning engine. Given the years and money invested in the Zone’s creation, there’s logic in Dyson’s decision to turn its R&D work into a more standard set of headphones with the OnTrac.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of fraction

fraction

Photo of headspin

headspin

Photo of Iconiq

Iconiq

Related news:

News photo

HeadSpin, whose founder is in prison for fraud, sold to PE firm in fire sale, sources say

News photo

Google's Gemma 2 delivers powerhouse performance at a fraction of the cost

News photo

ICONIQ Growth raises $5.75B seventh flagship fund