Logically Acquires Spanish AI Specialist Insikt AI to Strengthen Fight Against Online Hate
Paris / Hamburg, August 27th 2024 – Today, global consulting firm enomyc announced the successful completion of another international transaction with the acquisition of Spanish AI specialist Insikt AI by British company Logically. Led by enomyc’s Paris office, with support from their German colleagues, the deal was exclusively commissioned by Insikt AI to find a strategic partner. The acquisition creates a new multinational player dedicated to combating online hate and harmful content.
Logically is a leading company in using cutting-edge AI research to combat misleading and fraudulent online content. Similarly, Insikt Intelligence, based in Barcelona, operates in the same field with the support of AI. This acquisition further strengthens Logically’s position as a top player in the industry.
“We thank the enomyc team, led by French Managing Partner Ian Kayanakis, for guiding us so successfully through this sales process,” says Jennifer Woodard, founder and CEO of Insikt. “With the acquisition, Logically strengthens its position as a leading company in using cutting-edge AI research to combat harmful content of all kinds.” Woodard, a recognized expert in AI applications for counter-terrorism, will assume the role of Vice President of Artificial Intelligence at Logically. She has advised organizations such as the UN and the European Commission on the ethical use of AI to combat online harms.
Logically’s founder and CEO, Lyric Jain, believes that this acquisition is a crucial step towards robust protection against sophisticated attackers. “Through this acquisition, we will provide our customers with new, advanced tools to protect freedom of speech and prevent the impact of harmful online content,” says Jain. Logically, headquartered in Brighouse, UK, will integrate Insikt’s technology into their leading intelligence platform, Logically Intelligence®. This will give customers access to the most advanced methods and innovative developments based on AI research, enhancing their ability to combat a wider range of online threats, including terrorism and extremism, in which Insikt has outstanding capabilities.
Founded in 2016, Insikt empowers governments, private companies, and intelligence agencies to detect problems early and predict and mitigate the spread of harmful content through its technology. The company has been awarded four Excellence Seals by the European Commission and is known for its advanced Social Network Analysis (SNA) capabilities, which allow clients to uncover hidden connections and networks critical to online intelligence operations.
enomyc, a consulting firm for medium-sized businesses with offices in Hamburg, Berlin, Frankfurt am Main, Cologne, Stuttgart, Munich, and Paris, has been supporting medium and large enterprises with strategic consulting, digital transformation, and innovative growth strategies since 2003. They have been consistently recognized for their excellence, receiving multiple awards including “Best Consultants” by brand eins since 2014, TOP CONSULTANT Award since 2017, and were recently honored by WirtschaftsWoche as one of Germany’s best consulting firms in 2020.
For media inquiries, please contact Cathleen Möbius, Head of Marketing at enomyc:
M +49 162 2544 592
T +49 40 300359-77
Neuer Wall 57
20354 Hamburg
moebius@enomyc.com
www.enomyc.com
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