Cactus Communications acquires UNSIL to scale up its technology offerings
Cactus Communications has acquired UNSILO, a Denmark-based Artificial Intelligence (AI) and Natural Language Processing (NLP) company that specializes in text analytics, linguistics, and data science.
UNSILO provides AI tools and solutions for publishers to grow their business and improve customer experience through products such as Classify which helps publishers package and sell content in new ways, Recommend which supports the discovery of new and existing research, and Evaluate which helps scale up the capacity of the journal editorial office.
CACTUS has, in the past, developed proprietary tools and platforms aimed at the pharma and publishing ecosystem. Its author-resource management system is used by 3 million researchers worldwide and its workflow management portal handles over a million assignments a year. CACTUS’s complementary suite of products includes Ada, an Automated Document Assessment solution to help publishers assess scientific content, and PubSURE, an AI-powered tool that evaluates a manuscript’s journal submission readiness.
“By combining CACTUS’s scale and reach in the publishing and pharmaceutical industries with UNSILO’s text intelligence platform, we can advance faster and improve both quality and time-to-publication to the benefit of our customers,” said Thomas Laursen, Co-founder and CEO of UNSILO.
“CACTUS has evolved into a full-spectrum solutions provider for creators, publishers, and consumers of scientific content. AI algorithms will play a key role in helping us consume and make sense of rapidly increasing content. The acquisition of UNSILO allows us to increase the pace and quality of the AI products we are building for our target industries,” said Anurag Goel, CACTUS Co-founder and Executive Chairman.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.