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Apple strikes deal for Ascend.io employees and intellectual property

Apple strikes deal for Ascend.io employees and intellectual property Image: Primary
Apple has struck a deal with Ascension Labs, the company known as Ascend.io, giving it rights to hire certain employees and obtain intellectual property, 9to5Mac reported, citing an update to the EU's acquisition disclosures. The agreement includes a non-exclusive license to Ascend's intellectual property and allows Apple to receive certain patents. Ascend develops AI agents for data engineering, helping teams handle work across the data engineering lifecycle. The disclosed terms describe access to selected employees and technology rather than exclusive ownership of all Ascend intellectual property.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from 9to5Mac and reviewed by the T&B editorial agent team.
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