Appen to Acquire Leapforce

Appen to Acquire Leapforce

Sydney, NSW Australia – November 29, 2017 – Appen Limited (ASX:APX) today announced it has signed a definitive agreement to acquire Leapforce Inc., a leading provider of search relevance services with a highly automated and proprietary end-to-end technology platform. Leapforce was founded in 2008 and is based in the Silicon Valley in Pleasanton, California.

This transaction will combine the strengths of Appen and Leapforce to enable greater participation in the dynamic and high-growth artificial intelligence market.

The integration of Leapforce’s highly automated technology platform, Appen’s 20+ year track record of delivering high-quality, human-annotated data and the combined crowd of over 1.2 million workers will enable automation, scalability and efficiency improvements to deliver greater quality, responsiveness and value to customers worldwide.

“Daren Jackson and the Leapforce team have done a fantastic job building a highly-regarded search relevance offering that is relied on by leading technology companies globally,” said Mark Brayan, Appen CEO. “Appen and Leapforce share a strong focus of providing high-quality, human-annotated data to our respective clients, and the combination of the companies’ expertise, technology and crowd resources means that we can deliver even greater automation and value to our clients as we continue to support them.”

“We are pleased to be joining forces with Appen to take our mission of empowering data scientists to create awesome algorithms to the next level,” said Daren Jackson, Leapforce’s CEO. “Together we will expand our capabilities around the world, providing clients with high-quality data to meet their rapidly changing needs.”

The acquisition of Leapforce is a strong move forward in Appen’s mission to improve products that rely on machine-learning and artificial intelligence with high-quality, human-annotated data. As the two companies become integrated, clients will benefit from the best of both companies in terms of software tools, processes and crowd resources.

 

About Appen

Appen is a global leader in the development of high-quality, human-annotated datasets for machine learning and artificial intelligence. Appen brings over 20 years of experience capturing and enriching a wide variety of data types including speech, text, image and video. With deep expertise in more than 180 languages and access to a global crowd of over 400,000 skilled contractors, Appen partners with technology, automotive and eCommerce companies –  as well as governments worldwide –  to help them develop, enhance and use products that rely on natural languages and machine learning.

 

About Leapforce

Leapforce empowers data scientists to build awesome machine learning and artificial intelligence algorithms using its global network of highly-skilled data analysts.  Leapforce provides human evaluation and annotation of datasets for use in search, text, image, video and mapping in over 35 countries, covering more than 28 different languages and locales.  Leapforce has a proven track record of delivering high-quality, human-evaluated datasets to leading technology partners, empowering them to build better services and products.

 

Contact:
Jodie Ruby, VP of Marketing
jruby@appen.com
+1 425-442-8014

Comments 26

  1. I’m glad to hear that Appen and Leapforce will join forces and knowledge to reach greater goals. And I want to continue being part of this winning team.

  2. As a 4 year (formerly contractor, now employee) at Rater Labs, I am excited to hear about this new development! I hope this opens us up to increased opportunities in the future.

  3. This is great news, I have been with Leapforce and RaterLabs for over 7 years and look forward to this new endeavor with Appen! Two great companies!

  4. Amalgamation of like minds.

    This should be new horizon, for new frontiers for millions on board all three platforms, prior and now and many more on the move, in the making.

    Hope this union lives up to its billings and fulfill inherent promises embedded in both individual companies and constellations of brightness of hope for all and sundry.

    As we look up to a union that advances mankind, development progress and genuine innovations.

    Congratulations.

  5. Oh wow!
    I have recently joined Appen, and started working for them – I am actually enjoying my extra work, though it is sometimes exhausting to combine both regular job and extra contract job. I have also applied for actually the same position in Leapforce and I am yet to hear from them… But now I they fusing their forces… I am really thrilled! I hope that only means there will be a lot of various project, and one day I can quit regular job and work full time remotely!
    Great job Appen and Leapforce! Hope for the best to them and all of us involved!

  6. Sounds like a good opportunity to take what both companies do well and combine into a strong well positioned opportunity for all involved! In this ever-changing world, growth and change are always good options.

  7. I have been with leapforce/ Raterlabs for 3 yrs and look forward to becoming a part of Appen and help advance the world changing Projuects aPPEN COVERS

  8. Exciting news! I’ve been with Leapforce/Rater Labs for over 6 years now. I’m hoping this will open up more opportunities and benefits for all the raters.

  9. What an exiting combination. Hopefully, there will be more opportunities and reasonable pay rates for contractors in the future.

  10. I am looking forward to developments associated with this announcement. I have been with Leapforce a year now and have found this to be a great opportunity.

  11. Success in the new journey with constant technological improvement of the platforms.
    I feel happy and professionally performed in being part of this team of winners.

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