Datavault AI (NASDAQ: DVLT) and CyberCatch (TSXV: CYBE) (OTCQB: CYBHF) have entered into a binding letter of intent under which Datavault AI will acquire 100% of CyberCatch in an all-stock transaction valued at approximately CAD $136.8 million. The acquisition marks a strategic move to combine Datavault AI’s data monetization and tokenization technologies with CyberCatch’s AI-enabled cybersecurity platform.
Under the terms of the agreement, CyberCatch is expected to operate as a subsidiary of Datavault AI. Sai Huda, founder, Chairman and CEO of CyberCatch, will serve as president of the subsidiary. The transaction underscores the growing convergence of data monetization and cybersecurity, as companies seek to protect and leverage digital assets in an increasingly complex threat landscape.
Datavault AI specializes in AI-driven data monetization, credentialing, digital engagement, and real-world asset (RWA) tokenization. Its cloud-based platform supports industries from sports and entertainment to healthcare and fintech, using technologies like WiSA, ADIO and Sumerian for spatial audio and high-performance computing. CyberCatch offers a patented AI-enabled platform for continuous compliance and cyber risk mitigation, helping organizations address security challenges proactively.
The acquisition is expected to enhance Datavault AI’s capabilities in securing data assets while expanding its market reach. For CyberCatch, joining Datavault AI provides access to broader resources and a larger customer base. The combined entity aims to deliver integrated solutions that address both data value creation and protection.
Investors can find the latest news on Datavault AI at https://ibn.fm/DVLT. The full press release is available at https://ibn.fm/lktOf.
