ChapsVision, a leader in AI-enhanced data processing, has successfully acquired Sinequa, a global expert in AI-powered enterprise search and Retrieval-Augmented Generation (RAG). This strategic acquisition is complemented by a new US$90 million (€85 million) investment, marking a significant milestone in ChapsVision’s expansion and technological advancement. The deal will further accelerate the company’s global growth, particularly in AI and data intelligence.
- Strategic Acquisition of Sinequa
- ChapsVision acquires Sinequa, a recognized leader in cognitive search and AI agents.
- Sinequa’s AI-powered platform helps organizations make data more accessible and actionable through advanced search and natural language processing.
- Technology and Capabilities of Sinequa
- Sinequa serves high-profile clients such as Pfizer, AstraZeneca, Airbus, TotalEnergies, Alstom, and NASA.
- The platform enhances digital transformation by providing actionable insights from complex data.
- Enhancement of ChapsVision’s ArgonOS Platform
- The acquisition will boost the capabilities of ChapsVision’s ArgonOS platform, combining advanced search and data processing.
- This will support clients in industries like manufacturing, life sciences, financial services, and aerospace & defense, enabling them to achieve digital excellence.
- Investment and Growth Strategy
- The US$90 million investment led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital will fuel ChapsVision’s international growth, particularly in Europe and North America.
- The funding will also support further R&D and product development.
- Statements from Key Figures
- Olivier Dellenbach, CEO of ChapsVision: Expressed excitement about the acquisition and the complementary nature of Sinequa’s generative AI technology to ChapsVision’s offerings.
- Alexandre Bilger, Chief Architect Officer at Sinequa: Highlighted the growth opportunities this acquisition presents and the enhanced capabilities for both companies’ clients.
ChapsVision’s acquisition of Sinequa, backed by significant investment, positions the company for rapid international growth and reinforces its leadership in AI and data intelligence. By integrating Sinequa’s AI-powered search with its existing capabilities, ChapsVision is poised to deliver unmatched value to its clients across various industries, helping them tackle complex data challenges with confidence.
