{"id":446,"date":"2021-01-26T08:11:47","date_gmt":"2021-01-26T08:11:47","guid":{"rendered":"http:\/\/new.patterncomputer.com\/?p=446"},"modified":"2022-09-26T17:18:21","modified_gmt":"2022-09-26T17:18:21","slug":"pattern-computer-acquires-perminon-llc-intellectual-property","status":"publish","type":"post","link":"http:\/\/new.patterncomputer.com\/pattern-computer-acquires-perminon-llc-intellectual-property\/","title":{"rendered":"Pattern Computer Acquires Perminon, LLC Intellectual Property"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-text-transform:none;\"><p><strong>REDMOND, W.A., Jan. 26, 2021<\/strong> \u2013 Pattern Computer<sup>\u00ae<\/sup>, Inc. is announcing the acquisition of the intellectual property (IP) of Preminon, LLC., a start-up that has focused on computational mathematics related to advanced analytics and artificial intelligence (AI).<\/p>\n<p>Since 2016, Pattern Computer has been developing a new form of computing and processing for extremely large and complex data sets. These data sets are often referred to as high dimensional or hyper dimensional data sets and represent the leading edge of computing capability for AI and related analytical systems.<\/p>\n<p>The acquisition of Preminon\u2019s IP is a strategic acquisition intended to increase and accelerate Pattern\u2019s founding mission of developing innovative mathematics while developing unique and powerful systems and approaches for enabling True Pattern Discovery\u2122 in massive data sets, without the need for analysts and executives to have a predetermined hypothesis.<\/p>\n<p>The Pattern team has been making a series of major discoveries in biotech, explainable artificial intelligence (XAI), manufacturing, materials science, animal health, and computer vision. Throughout 2020, Pattern\u2019s primary focus has been on triple-negative breast cancer. Currently, this project is entering in vivo testing at Charles River Labs, with preliminary results expected in early Q3 2021.<\/p>\n<p>\u201cWe became aware of Preminon early in their development, and are now delighted to be able to conclude this acquisition. This is one more step in making Pattern Computer a predominant firm in the AI industry,\u201d said Mark R. Anderson, CEO of Pattern Computer.<\/p>\n<p>\u201cWe built Preminon to develop machine learning technologies to solve some of the most difficult problems in science. I\u2019m delighted at the acquisition of Preminon IP by Pattern Computer \u2013 Pattern Computer is the most advanced machine learning company on the planet, and we\u2019re honored to contribute to their capacity as a leader in commercial AI solutions for scientific and industrial applications\u201d, said Dr. Ben Brown.<\/p>\n<p>Financial details were not disclosed. The transaction is expected to be concluded in the first quarter of 2021.<\/p>\n<p>In November 2020, Pattern Computer was recognized as one of Red Herring\u2019s Top 100 North America winners, which recognizes the continent\u2019s most exciting and innovative private technology companies.<\/p>\n<table>\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/webteam.pages.cabinetduck.xyz\/splash-website\/img\/RHNA-Winner-100.jpg\" alt=\"RHNA Finalist\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>About Pattern Computer<\/strong><\/p>\n<p>Pattern Computer, a Seattle-area startup, employs its proprietary Pattern Discovery Engine<sup>\u2122<\/sup> to solve the most important and most intractable problems in business, government, academia, research, and medicine.<\/p>\n<p>Pattern\u2019s proprietary mathematical techniques can find subtle and complex patterns in large, hyperdimensional data sets that have remained undetected by multiple previous approaches and systems. In some cases, the data sets are years old and are now yielding groundbreaking insights due to the application of Pattern\u2019s technology and methodology.<\/p>\n<p>While the company is currently applying its computational platform to the challenging field of drug discovery, it is also making True Pattern Discoveries for partners in several other sectors, including additional biomedical research, materials science, aerospace manufacturing, veterinary medicine, air traffic operations, and finance.<\/p>\n<p><strong>CONTACT:<\/strong><\/p>\n<p>Meg Felso\u00a0&#8211;<\/p>\n<p>360.378.8628\u00a0&#8211;<\/p>\n<p><a href=\"mailto:meg@patterncomputer.com\">meg@patterncomputer.com<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - 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