Intel Acquires Saffron

intel-logoIntel (Nasdaq: INTC) acquired Saffron, a San Francisco, CA- and Cary, NC-based provider of a cognitive computing platform.

The amount of the deal was not disclosed.

Led by CEO Gayle Sheppard, Saffron provides technology that ingests data from disparate sources and automatically connects the dots to allow businesses of all kinds to improve decision-making to anticipate market trends, optimize processes, mitigate risk, personalize customer experiences and find new revenue streams.
The company’s customer base spans industries including aerospace, insurance, healthcare and manufacturing.

As part of Intel’s New Devices Group, Saffron will continue growing its standalone business as well as contribute its technology to Intel efforts and platforms spanning new devices, big data, cyber security, healthcare and IOT.



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