The AI Eye: Gopher Protocol (OTCQB: $GOPH) Signs OEM with US Kennel for PetTracker Products and Wireless Mesh Technology and IBM (NYSE: $IBM) Works with European Companies to Leverage AI and Hybrid Cloud Solutions
Point Roberts, WA and Vancouver, BC - May 15, 2019 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence.
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The #AI Eye: Gopher Protocol (OTCQB: $GOPH) Signs OEM with US Kennel for PetTracker Products and Wireless Mesh Technology and IBM (NYSE: $IBM) Works with European Companies to Leverage AI and Hybrid Cloud Solutions
Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (OTCQB:GOPH) (NYSE:IBM)
Gopher Protocol (OTCQB:GOPH) has signed an OEM (original equipment manufacturer) Licensing Agreement with US-based kennel Shadalane. The latter will integrate Gopher's PetTracker products and wireless mesh networking technology to its product line. Doug Davis, Gopher's Chief Executive Officer, said:
"We are very happy to announce this, hopefully the first of many OEM agreements licensing our patented and patent-pending technology to partners who are experts in specific markets. We see our partner Shadalane as an award-winning kennel who attends shows and other events at the highest levels of the pet market. We are happy to help them start their sales campaign not only through their busy event schedule, but as a series of private-label devices and accessories available online through multiple channels."
IBM (NYSE:IBM) is working with a host of European companies transforming their businesses using AI and hybrid cloud solutions, according to a press release today. Preceding a keynote address at Viva Technology in Paris, IBM Chairman, CEO and President Virginia Rometty said:
"IBM is writing the next chapter of business and social transformation together with our clients. Companies across Europe and the world are working with IBM to put the hybrid cloud infrastructure in place and to start infusing AI into businesses processes as a means to accelerate future innovation."
AI-Based M&A Deals Set to Break Volume Records in First Half of 2019
Hampleton Partners has released a report on the AI Market which projects record-breaking AI-related M&A deals for the first half of 2019. The outlet Data Economy quotes Hampleton Partners Sector Principal Heiko Garrelfs on the AI-based M&A landscape:
"Q1 2019 has set the pace for the rest of the year, with record-breaking M&A transaction volumes in two of three artificial intelligence sub-sectors. With the growth and competitiveness of many industries now dependent on the development of these AI technologies, strategic investors across all sectors and continents are stepping up their acquisitions and investments. Artificial Intelligence is one of the fastest-moving sectors, thriving off great momentum and yielding game-changing outcomes."
Sam Mowers, Investorideas.com
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