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WaSA Technologies Executes $210 Million Definitive Agreement to Purchase Datavault Intellectual Property and Technology Assets

Sep 04, 2024almost 2 years ago

Contract Type

agreement

BeavertonInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningBig Data

Description

WiSA Technologies, Inc. has executed a definitive asset purchase agreement to acquire the Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® for $210 million. The resulting publicly traded data technology and licensing company will enable clients and strategic partners to monetize their Blockchain Data and AI Web 3.0 assets via tokenization, data ownership, and digital twins.

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.

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