Brighouse-based Logically, a firm that builds AI to combat harmful online content, announced the acquisition of Barcelona-based AI company Insikt AI.
Logically said the acquisition strengthens its research and development capabilities and expands its technology portfolio “providing customers with a competitive information advantage and equipping them with the clarity and confidence to mitigate online harms through AI-driven solutions.”
The Brighouse firm said Insikt’s proprietary technology has empowered governments, private enterprises, and intelligence operations to identify emerging issues and predict and mitigate the spread of harmful content.”
“Renowned for its advanced Social Network Analysis (SNA) capabilities, Insikt enables clients to reveal hidden links and networks by analyzing relationships that are crucial to online intelligence operations,” said Logically.
“The acquisition will integrate Insikt’s technology into Logically Intelligence, Logically’s flagship Intelligence platform.
“Customers will gain access to advanced SNA methods and other cutting-edge innovations driven by emerging AI research.
“This will enhance their ability to tackle a broader portfolio of online threats, including terrorism and extremism, where Insikt has showcased state-of-the-art capabilities.
“This acquisition will also bring co-founders Jennifer Woodard and Guillem Garcia to Logically.
“Jennifer, who will assume the role of VP of Artificial Intelligence, is a recognised expert in AI applications for counterterrorism and advises organisations such as the UN and the European Commission, among others, on balancing AI’s application to combat online harms with ethical considerations.
“Her expertise spans strategic leadership in scientific research and development and its practical application to AI-powered products for public safety and national security.
“Guillem is the Chief Scientific Officer at Insikt AI, where he leads efforts to leverage emerging research in NLP, Deep Learning, and Network Analysis to use AI to help solve some of society’s most pressing challenges.
“At Logically, he will take on the role of Head of Data Science, transferring this expertise to scale a robust data science capability that will help further cement the company’s reputation as a leading AI company in combating harmful online content.”
Lyric Jain, Founder and CEO of Logically, said: “We have followed Insikt’s innovative approach to building and perfecting its scientific methods and model accuracy for some time.
“The team’s approach pairs perfectly with our mission to mitigate harmful online content. Integrating Insikt’s capabilities –-especially its advanced NLP and SNA technologies —into Logically Intelligence® enhances our ability to detect and counteract threats early.
“This acquisition marks a crucial step toward providing robust protection against increasingly sophisticated adversaries, empowering the customers of our products with new advanced tools to safeguard, maintain freedom of speech and prevent the impact of harmful online content.”
Jennifer Woodard, Co-founder of Insikt AI, said: “Research and development has always been at the heart of Insikt’s work. After dedicating over eight years to building our research-driven ‘methodology stack’, which leverages cutting-edge AI to detect, understand, and defeat harmful online content, we are thrilled to join Logically.
“By integrating our advanced AI technology and expertise into Logically’s products, we will deliver a significant information advantage to our customers.”
On the sell side, Insikt AI was represented and assisted by Enomyc and Enomyc France, a European M&A advisory firm based in Germany serving clients worldwide.