San Francisco, CA (PRWEB) November 01, 2016
California-based Originate, the AI-native software platform company, today announced the acquisition of Stable Technologies, a rapid application and custom development firm based in Las Vegas, NV. Terms of the deal were not disclosed.
"As Originate continues to scale and deploy new AI-Native technologies, these types of acquisitions supercharge our growth", said Russ Logan, Managing Director of Originate. "With technology advancing at an exponential rate, Originate believes the only way to stay ahead is by hiring and retaining the very best talent. The Stable Technologies team is exceptional and we are honored to have them as Originators."
Brian Beckman, Managing Partner of Stable Technologies, will be heading Engineering for the Originate Las Vegas office. Brian has been in the technology and software industry since 1997 as the CTO of multiple funded startups, and in leadership positions across accounting, sales, and operations. “We have always had extreme alignment with the values and goals of Originate, so when they approached us, it was easy to see the path forward.” commented Brian. “We are ecstatic to be joining the team and humbled to be working with so many exceptionally skilled people who we already like and admire."
"This acquisition validates all of the partners who have built Stable Technologies, past and present." stated Andrew Stalker, partner and engineering lead. "And a great opportunity for all of us going forward as Originators." added Ben Edmonson, partner and design lead.
Originate has been working with Stable Technologies since 2013 and the companies have built software products together, partnered on Vegas Tech and startup community events, provided mentorship to help underserved groups find careers in STEM, and provided joint leadership for the Las Vegas Functional programming and Virtual Reality Meetup groups.
“When extraordinary companies like Stable Technologies emerge from the same Vegas Tech scene that Originate has actively helped foster, it’s natural for us to look for ways to combine forces.” commented Rob Meadows, CEO of Originate. “The team’s focus and interest in AI is particularly exciting given many of the deep learning, natural language processing, and other AI technologies that we are constantly adding to our products and platform.”
Originate has partnered with established companies and startups across gaming, gambling, eSports, hospitality, education, healthcare, financial services, retail, and media to help them reinvent themselves through applying cloud, mobile, and AI-native technology. “With Las Vegas being home to many of the top resorts and gaming institutions, as well as the high-density, multi-tenant Switch SUPERNAP data centers, “ said Rob Meadows, “it is a key city for Originate to focus on creating partnerships that can unlock the power of custom AI-native software.”
Focused on next-generation technology-based products, Originate has developed a scalable Artificial Intelligence platform which allows it to deliver fully-custom software products and solutions, while automating key aspects of product design, development, testing, training, operation and evolution. With top engineers, designers, product managers, many with advanced degrees in AI, Math, Data Science, and CS, across 4 US regions, Originate has successfully delivered Cloud, Mobile, and AI-native products for over 100 corporate customers and fast-growing start-ups.
Go to Originate.com to learn more.