Visualead: Alibaba is buying Israeli startup Visualead's tech to establish a Tel Aviv R&D center
Alibaba announced a massive $15 billion research ‘DAMO Academy’ project focused on R&D last month, and it is laying the groundwork for an office in Tel Aviv through a deal to acquire technology and talent from Israeli startup Visualead.
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Visualead develops a software to design and develop customized smartphone-scannable QR codes for manufacturers, retailers, e-tailers and brands.
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