Canadian social enterprise firm 1001 Squared Artificial Intelligence has acquired a Nigerian AI-enabled chatbot and SMS-based directory service QuickHelp for an undisclosed amount.
QuickHelp was founded in 2015 by seven entrepreneurs: — Uche Goodness, Kayode Idowu, Olayande Biola, Fayemi David, Peter Laniran, Isaac Falade, and CEO Tosin Odubela.
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QuickHelp transferred its core technologies and intellectual property rights to 10001 Squared Artificial Intelligence as part of the deal
In a post on its website on 21 April, QuickHelp stated: “After sessions of intensive negotiations, the core technologies, intellectual property rights and associated technologies of the AI powered Nigerian Startup, QuickHelp Nigeria, has now been transferred to 1001 Squared Artificial Intelligence based in, Kingston, Canada in an acquire-hire/merger deal”.
In a Facebook post on announcing the acquisition last week Monday, 1001 Squared Artificial Intelligence stated that it “was looking forward to working with the team to build great AI applications that change lives”.
The Canadian company uses AI to improve the quality of education in underprivileged and under-served areas around the world.
