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An Israeli artificial intelligence firm founded in Tel Aviv has been acquired by a French media and technology company. The transaction transfers ownership from the Israeli founders to the buyer.
AxiosAn Israeli artificial intelligence company based in Tel Aviv has been sold to a French media and technology group. The buyer, Netgem, operates in media and technology markets. The seller, BARY, was established in Tel Aviv and focuses on artificial intelligence technology.
The deal transfers ownership of BARY from its Israeli founders to the French buyer. The sale forms part of a broader pattern of Israeli exits in the artificial intelligence sector.
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