Datavault AI to Acquire CyberCatch for $94.5M, Bolstering Cybersecurity in AI Ecosystem

Datavault AI's acquisition of CyberCatch integrates AI-driven cybersecurity compliance into its GPU ecosystem, enhancing data security and regulatory adherence across its technology suite.

Miami Metrowire Staff
Business
Datavault AI to Acquire CyberCatch for $94.5M, Bolstering Cybersecurity in AI Ecosystem

Datavault AI Inc. (NASDAQ: DVLT) has announced a definitive agreement to acquire CyberCatch Holdings (TSX.V: CYBE) (OTCQB: CYBHF) in an all-cash transaction valued at $94.5 million, or $3.53 per share. The acquisition, structured as a court-approved plan of arrangement, will see CyberCatch operate as a subsidiary of Datavault AI, with its founder, Chairman and CEO Sai Huda serving as president of the subsidiary.

The strategic rationale behind the acquisition is to integrate CyberCatch's patented, AI-enabled continuous cybersecurity compliance and risk mitigation platform into Datavault AI's Quantum Private Network (QPN) GPU ecosystem. CyberCatch's platform leverages generative and agentic AI to continuously assess cybersecurity controls, conduct penetration testing, and measure cyber risk across major regulatory and security frameworks, including NIST CSF 2.0, NIST 800-171, CMMC 2.0, ISO 27001, HIPAA, and PCI DSS. This capability is expected to become the cybersecurity and continuous-compliance layer across Datavault AI's existing technology suite, which includes DataValue, DataScore, and Information Data Exchange (IDE), as well as its Acoustic Sciences technologies and deployments in regulated industries.

The acquisition is subject to customary board, stock exchange, regulatory, and shareholder approvals. Upon closing, the combined entity will be headquartered in San Diego, California. This move underscores Datavault AI's commitment to enhancing its data security and compliance offerings, which are critical in today's data-driven economy.

Datavault AI is a leader in AI-driven data experiences, focusing on the valuation and monetization of assets in the Web 3.0 environment. Its cloud-based platform serves multiple industries, including high-performance computing, sports and entertainment, biotech, education, fintech, real estate, healthcare, and energy. The company's Acoustic Sciences division features patented technologies for spatial and multichannel wireless sound transmission, while its Data Science division leverages Web 3.0 and high-performance computing for data perception, valuation, and secure monetization.

The integration of CyberCatch's continuous compliance capabilities is particularly significant for Datavault AI's clients in regulated sectors, as it will enable them to maintain robust cybersecurity postures and meet stringent regulatory requirements. By embedding these capabilities into its GPU ecosystem, Datavault AI aims to offer a more comprehensive and secure platform for digital twin creation, name, image, and likeness licensing, and other data-intensive applications.

This acquisition reflects a broader trend of consolidating cybersecurity and AI capabilities to address evolving threats and regulatory demands. For Datavault AI, it represents a strategic expansion of its security offerings, which could enhance its competitive positioning in the market. The company's focus on responsible AI with integrity is reinforced by this move, as it seeks to provide secure and compliant data solutions.

For more information on Datavault AI, visit https://dvlt.ai. To view the full press release, visit https://ibn.fm/fBJNx.

Blockchain Registration

QR Code for Blockchain Registration