Tempus AI Buys Paige

MT Newswires Live08-22

Tempus AI (TEM) said Friday it is acquiring artificial intelligence company Paige for roughly $81.3 million.

The amount is being paid mostly in Tempus shares, along with Tempus AI's assumption of Paige's remaining commitment under a Microsoft (MSFT) Azure cloud services deal, the company said.

Price: 76.21, Change: -0.50, Percent Change: -0.66

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