Lucidworks Announces Acquisition of Cirrus10
Based in San Francisco, Lucidworks develops AI-powered search solutions for businesses in the food, insurance, retail, transportation, and healthcare industries. Since its founding in 2007, Lucidworks has grown to become one of the most innovative companies in the technology industry. On January 7, 2020, Lucidworks announced its acquisition of Cirrus10, an e-commerce technology company that provides strategy and implementation services to businesses and direct consumers. With this move, the AI-powered search technology provider aims to gain knowledge and expertise in e-commerce and to provide its expanding customer base with targeted solutions for their varying needs. According to Lucidworks CEO Will Hayes, Cirrus10 has played a crucial role in understanding and extracting insights from brands. With Cirrus10 under its leadership, Lucidworks will enhance its capabilities of developing digital solutions quickly and more effectively to help businesses achieve their objectives. Meanwhile, Cirrus10 will benefit from Lucidworks’ sophisticated search platform driven by artificial intelligence and machine learning. Cirrus10 is Lucidworks’ second acquisition. Its first was data application builder TwigKit in 2017.