From an Acquisition Announcement:
Cactus Communications announced that it has acquired UNSILO, a Denmark-based Artificial Intelligence (AI) and Natural Language Processing (NLP) company that specializes in text analytics, linguistics, and data science.
It has partnered with leaders in the STM industry like BMJ, Wiley, Clarivate Analytics, and Taylor & Francis to develop solutions for the publishing ecosystem.
Thomas Laursen, Co-founder and CEO of UNSILO, said, “By combining CACTUS’s scale and reach in the publishing and pharmaceutical industries with UNSILO’s text intelligence platform, we can advance faster and improve both quality and time-to-publication to the benefit of our customers.”
CACTUS has, in the past, developed proprietary tools and platforms aimed at the pharma and publishing ecosystem. Its author-resource management system is used by 3 million researchers worldwide and its workflow management portal handles over a million assignments a year.
The acquisition is part of Denmark’s strategy to attract foreign investments and showcase Denmark as a frontrunner in exciting technologies.
Selection of 2018-2019 Mentions of UNSILO on infoDOCKET