In a strategic move to bolster its AI-driven data platform, Datavault AI Inc. (NASDAQ: DVLT) has announced a definitive agreement to acquire CyberCatch Holdings (TSX.V: CYBE) (OTCQB: CYBHF) for $94.5 million in cash, or $3.53 per share, through a court-approved plan of arrangement. The acquisition is set to integrate CyberCatch's patented, AI-enabled continuous cybersecurity compliance and risk mitigation platform into Datavault AI's Quantum Private Network (“QPN”) GPU ecosystem, according to a press release.
The proposed acquisition is expected to be completed subject to customary board, stock exchange, regulatory, and shareholder approvals. Upon closing, CyberCatch will operate as a Datavault AI subsidiary based in San Diego, with its founder, Chairman, and CEO Sai Huda serving as president of the subsidiary. This integration is poised to enhance Datavault AI's existing technology suite, including DataValue®, DataScore®, and Information Data Exchange® (“IDE®”), as well as its Acoustic Sciences technologies, particularly for deployments across regulated industries.
CyberCatch's platform leverages generative and agentic AI to continuously assess cybersecurity controls, conduct penetration testing, and measure cyber risk across a range of regulatory and security frameworks, including NIST CSF 2.0, NIST 800-171, CMMC 2.0, ISO 27001, HIPAA, and PCI DSS. By integrating this robust cybersecurity layer, Datavault AI aims to provide a more comprehensive solution for its clients, ensuring that data valuation and monetization are conducted with the highest security and compliance standards.
This acquisition is significant as it addresses the growing need for cybersecurity in the AI and data economy. As Datavault AI expands its offerings in high-performance computing and data monetization, the integration of CyberCatch's continuous compliance monitoring will likely be a differentiator, particularly for industries such as healthcare, finance, and government contracting, where regulatory compliance is critical.
Datavault AI is known for its cloud-based platform that provides AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The company's Acoustic Sciences division features patented technologies like WiSA®, ADIO®, and Sumerian®, which are foundational for spatial and multichannel wireless high-definition sound transmission. The Data Science division leverages high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization, serving industries such as sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy.
The Information Data Exchange® enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. With the addition of CyberCatch's cybersecurity capabilities, Datavault AI is expected to enhance the trust and reliability of its data exchange and monetization services.
“This acquisition aligns with our strategic vision to provide a secure and compliant environment for AI-driven data solutions,” said a spokesperson from Datavault AI. “CyberCatch's expertise in continuous cybersecurity compliance will be instrumental in strengthening our platform for our clients in regulated sectors.”
The transaction is expected to close in the coming months, subject to all approvals. For more information on this acquisition, please visit the full press release at https://ibn.fm/fBJNx.
About Datavault AI Inc.: Datavault AI is a leader in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The company is headquartered in Philadelphia, PA, and its technology suite is fully customizable, offering AI- and machine-learning-based automation, third-party integration, detailed analytics, and data, marketing automation, and advertising monitoring. Learn more about Datavault AI at https://dvlt.ai.
