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Home » Technology » Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together

Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together

Jayde Castillo by Jayde Castillo
April 26, 2019
in Technology
1 min read
54
0
Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together

Appen just announced that it’s acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront, with an additional payment of up to $125 million based on Figure Eight’s performance this year. Both companies focus on using crowdsourced l…
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Jayde Castillo

Jayde Castillo

Jayde is a professional freelance writer with years of experience covering consumer tech, finance, and science. He has worked with various media outlets both online and on paper such as Z6Mag, News Every Day, and other small-time publications.

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