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Armio data analytics startup acquired by Panasonic

By Christopher Calnan | October 24, 2017

PanasonicPanasonic has acquired Arimo, a California company specializing in deep learning and behavioral artificial intelligence technology.

Financial terms of the deal were not disclosed.

Arimo develops Internet-of-Things and artificial intelligent products for commercial and manufacturing applications. Panasonic, which aggregates sensor data from factories, housing, cold-chain and HVAC, plans to capitalize on Arimo’s data science expertise, according to an Oct. 23 news release.

Arimo, which was founded in 2013, developed data analytics used in deep learning that provides Panasonic with a core data science element for artificial intelligence products provided to business-to-business customers, Panasonic Chief Technology Officer Yoshiyuki Miyabe said.

In 2014, Arimo completed a $13 million Series A round of funding provided by Andreessen Horowitz, a California venture capital firm.

In September, The Robot Report reported that Panasonic created a 3D sensor to detect direction, distance and the floor to assist mobile robots that move autonomously. The 3D LiDAR sensor uses laser-scanning designed to sense moving objects like people to enable robots to avoid them as well as detect the floor and ground surface conditions.

The sensor also provides detection in strong sunlight thanks to noise reduction technology, further enabling outdoor operations. And in busy areas, it can adopt the range and resolution most helpful in the situation. 

Japan-based Panasonic, which was founded in 1918, operates 495 subsidiaries and 91 associated companies that employ more than 257,500 workers.

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