RWS to acquire UK AI platform in £40m deal Business Global AI solutions company RWS Holdings has reached an agreement to acquire UK based AI company Obviously in a bumper £40m deal as it looks to pivot to become a “technology-first business”. AIM-listed RWS agreed to buy the AI platform for an initial cash offer of £16.5m, with an earn-out consideration of up to £23.5m, [...]
RWS: Language tech firm bets on AI to boost growth as it forecasts drop in profit Technology Language services group RWS Holdings is expecting a fall in profit as it bets on its artificial intelligence offerings to provide much-needed growth.
