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Datametrex AI Limited completes acquisition of Cereal Crunch Mobile Blockchain Game from Sariel Diagnostics

May 28, 2024•over 1 year ago

Acquiring Company

Datametrex AI Limited

Acquired Company

Sariel Diagnostics

TorontoTorontoMachine LearningArtificial IntelligenceInformation TechnologySoftware

Description

Datametrex AI Limited has successfully completed the acquisition of the mobile blockchain game Cereal Crunch from Sariel Diagnostics Corp. The acquisition includes all assets related to Cereal Crunch, such as the game software, intellectual property, user databases, and the Crunch Token. This strategic move reinforces Datametrex's commitment to innovative technologies and the emerging sectors of e-gaming and blockchain.

Company Information

Company

Datametrex AI Limited

Location

Toronto, Ontario, Canada

About

Datametrex AI Limited is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare, excelling in delivering tools and solutions that enhance operational efficiencies and business outcomes. Committed to innovation, Datametrex supports enterprises by setting a new standard for business protocols through cutting-edge technology.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed