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WiSA Technologies to Transform into Datavault Inc. Through Partnership with Data Vault Holdings Inc.
Dec 23, 2024•over 1 year ago
Contract Type
partnership
BeavertonInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data
Description
WiSA Technologies, Inc. has received overwhelming stockholder approval to purchase the Datavault® intellectual property and information technology assets from Data Vault Holdings Inc. The transaction involves the issuance of 40 million shares of common stock and a $10 million 3-year Note. This partnership will position WiSA Technologies to significantly expand its presence in rapidly growing markets by providing data technology and licensing services.
Company Information
Company
Datavault AI
Location
Beaverton, Oregon, United States
About
Datavault AI Inc. is a leader in AI-driven data experience, valuation and monetization. They focus on leveraging their patented suite of technologies to exploit data markets and improve customer satisfaction. The company is publicly traded on Nasdaq.
BeavertonInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data