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Philadelphia-based Datavault AI has signed a definitive agreement to acquire CyberCatch Holdings (TSXV: CYBE) in an all-cash deal valued at USD $94.5 million, or $3.53 per share. The Vancouver-headquartered cybersecurity firm offers a patented, AI-enabled platform for continuous compliance and cyber risk mitigation, which Datavault plans to integrate into its Quantum Private Network (QPN) GPU ecosystem. This acquisition marks a significant exit for the Canadian...
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