Former Bobit CEO Launches New Company, Acquires Machine Learning Conference

An ongoing pause on large-scale gatherings in the U.S. during the second quarter of 2020, unsurprisingly, also led to a near-total shutdown of M&A activity in the conference and trade show space. At the onset of Q3, however, the Machine Learning Conference—an eight-year-old events series which attracts hundreds of attendees to its semi-annual shows in New York and San Francisco, among other locales—says it's successfully been sold after eight years as an independent business. The buyer: ModalityIQ, a new company quietly launched last November by former CFO Publishing and EnsembleIQ exec Richard Rivera, who most recently spent a year as CEO of Bobit Business Media, where he was among a handful of executives who have both arrived and left since that company was acquired by private equity firm Gemspring Capital late in 2018. "We were attracted to MLconf because of its loyal, dedicated, collaborative and vibrant community who are all on the frontier of developing advanced and emerging technologies that will change the way we live, work and play," Rivera told Folio: late last week. "MLconf is all about ’sharing lessons learned,’ which is at the heart of our mission at ModalityIQ." We wanted to learn more about Rivera's new company, as well as the vision behind investing in an events business in the midst of a global pandemic, so we conducted the following interview via email last week, which has been lightly edited for length and clarity. [caption id="attachment_182575"... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-07-13 16:41:14 UTC ]
News tagged with: #made sense #stronger position #broader set #showing signs #due diligence #autonomous operations

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Baltimore-based lending software company to be acquired by Netherlands firm for $280 million

Baltimore tech company eOriginal is set to be acquired by Netherlands-based Wolters Kluwer for about $280 million, the information and software firm announced in a news release Thursday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2020-12-10 22:23:55 UTC ]
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Higher education technology company Anthology acquires xRM software

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Foundry's Co-Owners Launching New Companies

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Macmillan: Don Weisberg To Succeed John Sargent as CEO; Susan Winslow Leads Learning

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[ Publishing Perspectives | 2020-09-17 15:16:05 UTC ]
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Abrams Acquires Cameron + Company

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Texas Company Launches Five Celebrity Curated Book Clubs

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Newly launched Renard acquires Iain Hood debut

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Kate Mortenson launching national digital media company, raising $10M

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National Literacy Trust launches online zone to support home learning as schools close

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Sewickley-based software company acquired by Aderant

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Ford botches Explorer launch, putting CEO back on hot seat

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EBay CEO resigns as company considers selling assets

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[ Silicon Valley Business Journal | 2019-09-25 15:54:56 UTC ]
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EBay CEO resigns as company considers selling assets

EBay CEO Devin Wenig is stepping down from his position as the California-based e-commerce company considers selling some assets and appoints an interim leader, the company announced Wednesday morning. Wenig, who also held the title of president and was a director of the company, had been with... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-09-25 15:52:24 UTC ]
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The company behind TikTok is reportedly launching a Spotify rival

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Ex-Vice exec launches pot-focused agency with ties to Snoop Dog’s media company

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Astrid Lindgren Company launches charity partnership for Pippi Longstocking anniversary

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Former OUP publisher launches inclusive fiction development company

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Mitchell Beazley acquires home decorating book by White Company

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From Europe and the UK: Two CEOs at London Book Fair’s Quantum Conference

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