About This Deal

Microsoft Corporation acquired Bonsai, a transaction announced in June 2018, structured as Agreement to acquire signed June 20, 2018.

Bonsai operates in Microsoft Business AI, is based in Berkeley, California, United States. Bonsai is a Berkeley, California startup with a machine-teaching platform that uses deep reinforcement learning to build 'brains' for autonomous industrial systems, letting subject-matter experts train systems for robotics, energy, HVAC and manufacturing without deep AI expertise. Microsoft acquired it to advance autonomous systems on Azure.

Combine Bonsai's machine-teaching platform with Microsoft's AI research, Azure and simulation tools to create an end-to-end solution for building autonomous-system brains.

Deal Terms

Acquirer
Microsoft Corporation
Target
Bonsai
Value
Not disclosed
Date
June 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Berkeley, California, United States
Segment
Microsoft Business AI
Structure
Agreement to acquire signed June 20, 2018
Announced
June 20, 2018

In Their Words

Bonsai has made tremendous progress here and Microsoft remains committed to furthering this work.Gurdeep Pall, Corporate Vice President of Business AI, Microsoft

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗

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