From NASA’s partnership with Boeing to inriver’s new executive appointments, a lot happened in the Chicago tech scene last week. Catch up on the latest local tech news with the Built In Chicago Weekly Refresh.
Sprout Social acquired Repustate. Sprout Social, a Chicago-based social media management software company, acquired artificial intelligence company Repustate. Repustate uses AI technology for sentiment analysis of text and video. Sprout Social will increase automation capabilities with the acquisition. Terms of the deal were not made public. [Sprout Social]
Chicago Tech Quote of the Week
“It’s our goal that NASA’s partnership with Boeing to produce and test a full-scale demonstrator will help lead to future commercial airliners that are more fuel efficient, with benefits to the environment, the commercial aviation industry and to passengers worldwide.” — Bill Nelson, NASA administrator
NASA and Boeing announced a new partnership. Under the partnership, NASA will invest $425 million into a new Boeing project. The Sustainable Flight Demonstrator project aims to develop a new fuel-efficient aircraft over the next seven years. NASA’s investment is part of its goal to achieve net-zero carbon emissions by 2050. [Built In Chicago]
Inriver named new executives. Inriver provides product information management solutions for businesses to manage their digital stores. Last week, the company appointed a new chief marking officer and a chief sales officer. The company is based in Sweden but has a U.S. headquarters in Chicago. Inriver is currently hiring for several Chicago-based and remote positions. [Inriver]
