SYDNEY, Aug 26 (Bernama-BUSINESS WIRE) — Appen Limited (ASX:APX), the leading provider of high-quality training data for organizations that build effective AI systems at scale, today announced it has signed a definitive agreement to acquire Quadrant, a global leader in mobile location data, Point-of-Interest data, and corresponding compliance services.
Quadrant and Appen’s unified business will be strongly positioned to deliver high-quality data to organisations that rely on geolocation for their business. Quadrant’s Geolancer product, delivering accurate, up-to-date, and manually verified POI data, will expand its global reach and scale by tapping into Appen’s global crowd of over one million workers in over 170 countries. With the acquisition, we expect Geolancer to become the market-leading POI platform.