Viewbix to Acquire 19.99% Stake in AI and Natural Language Processing Grammar Company

Viewbix to Acquire 19.99% Stake in AI and Natural Language Processing Grammar Company

Viewbix Inc., a global developer of mar-tech and ad-tech innovative technologies, announced it signed a securities exchange agreement to acquire of a 19.99% stake in Metagramm Software Ltd. (“Metagramm”), an innovative software company specializing in artificial intelligence (AI) and natural language processing (NLP) communication-based solutions.

Metagramm developed Bubbl, an innovative writing tool utilizing machine learning, NLP, AI, and deep learning technologies. Bubbl was created using minimalistic and clean designs, presenting a non-invasive writing tool. It allows users to operate in different modes, including an interactive re-write floating window mode, interactive inline mode and grammar-only mode.

Marketing Technology News: MarTech Interview With Seth Nesbitt, CMO @ Zuper

Bubbl aims to revolutionize the field of writing tools and offer innovation document re-writing by combining classic semantic analysis with advanced technology, such as pre-training, and reinforcement learning of Specialized Language Models (SLMs) and Large Language Models (LLMs).

As part of the Agreement, Viewbix will be issued 19.99% of the issued and outstanding capital stock of Metagramm as of immediately prior to the closing and Metagramm will be issued 9.99% of the issued and outstanding capital stock of Viewbix as of immediately prior to the closing.

Viewbix, through its subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., operates in the field of digital advertising. The Group has two main activities search and digital content. The search develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. The digital content is engaged in the creation and editing of content, in different languages, for different target audiences, for the purposes of generating revenues from leading advertising platforms, including Google, Facebook, Yahoo and Apple, by utilizing such content to obtain internet user traffic for its advertisers. Viewbix’s technological tools allow advertisers and website owners to earn more from their advertising campaigns and generate additional profits from their websites.

Marketing Technology News: How Conversational AI Streamlines Demand Generation and MarTech Workflows

Write in to psen@itechseries.com to learn more about our exclusive editorial packages and programs.

Picture of Globe Newswire

Globe Newswire

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

You Might Also Like