Acquisition aims to help fight the spread of harmful online content
Logically, a Brighouse-headquartered company which builds AI to combat harmful online content at scale, has acquired Barcelona-based AI company Insikt AI.
The deal is designed to strengthen Logically’s research and development capabilities and expands its technology portfolio.
Founded in 2016, 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.
Insikt has developed domain-specific Machine Learning (ML) models to uncover trends, threats, and anomalous patterns within large volumes of online data.
It enables clients to reveal hidden links and networks by analysing relationships that are crucial to online intelligence operations.
The acquisition will integrate Insikt’s technology into Logically Intelligence®, Logically’s flagship Intelligence platform.
It will enhance customers’ ability to tackle a broader portfolio of online threats, including terrorism and extremism.
This acquisition will also bring co-founders Jennifer Woodard and Guillem Garcia to Logically.
Woodard, 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.
Garcia is the chief scientific officer at Insikt AI. 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 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.”
Woodard added: “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.