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Today's Transactions:
Kimera Acquires Smart Places

The companies hope to develop a general assistant mobile application that can anticipate user needs

Kimera Systems, a company that produces artificial intelligence for devices such as smartphones, has acquired Smart Places.

Terms were not disclosed.

Smart Places develops location and context-aware mobile applications for social networking.

The combined company hopes to develop an assisting application for mobile devices, similar to Siri, that can anticipate user needs to suggest information and services.

 

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