Datavault AI to Acquire CyberCatch in $136.8 Million All-Stock Deal, Bolstering Cybersecurity and Data Monetization Capabilities
Datavault AI Inc. has entered a binding LOI to acquire CyberCatch for approximately CAD $136.8 million in stock, combining data monetization and AI cybersecurity to create a comprehensive Web3.0 asset protection and monetization platform.
Datavault AI Inc. (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement and real-world asset tokenization technologies, has entered into a binding letter of intent to acquire CyberCatch (TSXV: CYBE) (OTCQB: CYBHF), a cybersecurity company offering a patented AI-enabled platform for continuous compliance and cyber risk mitigation. The all-stock transaction is valued at approximately CAD $136.8 million, and CyberCatch will operate as a Datavault AI subsidiary, with founder, Chairman and CEO Sai Huda serving as president of the subsidiary.
The acquisition marks a strategic expansion for Datavault AI, which specializes in AI experience, valuation, and monetization of assets in the Web3.0 environment. By integrating CyberCatch’s AI-powered cybersecurity and compliance platform, Datavault AI aims to offer a more comprehensive solution for businesses looking to secure and monetize digital assets, including real-world assets tokenized on blockchain. The deal underscores the growing importance of cybersecurity in the Web3.0 space, where data integrity and protection are critical for trust and adoption.
Datavault AI’s cloud-based platform already provides solutions across its Acoustic Science and Data Science Divisions. The Acoustic Science Division features WiSA, ADIO and Sumerian patented technologies for spatial and multichannel wireless HD sound transmission. The Data Science Division leverages Web3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company’s Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by attaching physical objects to immutable metadata, fostering responsible AI with integrity.
CyberCatch’s platform, which uses AI to continuously monitor and mitigate cyber risks, complements these offerings by adding a layer of security and compliance that is essential for enterprises handling sensitive data and digital assets. The combined entity will serve multiple industries, including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy.
“The acquisition of CyberCatch enhances our ability to provide end-to-end solutions for asset protection and monetization in the Web3.0 era,” a company spokesperson said. “With CyberCatch’s AI-driven cybersecurity, we can ensure that our clients’ digital assets are not only valued and monetized but also secured against evolving threats.”
For investors, the deal signals Datavault AI’s commitment to building a robust ecosystem that addresses both the opportunities and risks of the digital economy. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT. The full press release can be viewed at https://ibn.fm/lktOf.