In a strategic move to bolster its AI-driven data ecosystem, Datavault AI Inc. (NASDAQ: DVLT) has announced a definitive agreement to acquire CyberCatch Holdings (TSX.V: CYBE) (OTCQB: CYBHF) for $94.5 million in an all-cash transaction. The deal, valued at $3.53 per share, will be executed through a court-approved plan of arrangement, with CyberCatch expected to operate as a subsidiary of Datavault AI from San Diego.
The acquisition is poised to integrate CyberCatch’s patented, AI-enabled continuous cybersecurity compliance and risk mitigation platform into Datavault AI’s Quantum Private Network (QPN) GPU ecosystem. This integration is expected to enhance Datavault AI’s existing technology suite, including DataValue®, DataScore®, and Information Data Exchange® (IDE®), as well as its Acoustic Sciences technologies, particularly in regulated industries where security and compliance are paramount.
CyberCatch’s platform leverages generative and agentic AI to continuously assess cybersecurity controls, conduct penetration testing, and measure cyber risk across various regulatory and security frameworks, including NIST CSF 2.0, NIST 800-171, CMMC 2.0, ISO 27001, HIPAA, and PCI DSS. By incorporating 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 integrity and security standards.
“This acquisition aligns with our vision to lead in AI-driven data experiences and monetization while ensuring the highest levels of security and compliance,” said a spokesperson for Datavault AI. “CyberCatch’s expertise in continuous cybersecurity monitoring will significantly strengthen our platform, offering our clients peace of mind in an increasingly complex digital landscape.”
CyberCatch’s founder, Chairman, and CEO, Sai Huda, will serve as president of the subsidiary, bringing his extensive experience in cybersecurity and risk management to the combined entity. The transaction is subject to customary board, stock exchange, regulatory, and shareholder approvals, with both companies expecting to close the deal in the coming months.
Datavault AI, headquartered in Philadelphia, PA, is known for its innovative solutions in Acoustic Sciences and Data Sciences, serving industries such as sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The company’s platform leverages high-performance computing and Web 3.0 technologies to provide secure monetization of assets, including digital twins and licensing of name, image, and likeness. The addition of CyberCatch’s cybersecurity capabilities is expected to further differentiate Datavault AI in the market, offering a unique combination of data valuation, secure monetization, and continuous compliance monitoring.
This acquisition comes at a time when cybersecurity threats are on the rise, and regulatory compliance is becoming increasingly stringent. By integrating CyberCatch’s AI-driven platform, Datavault AI is positioning itself to address these challenges head-on, providing its clients with a comprehensive solution that ensures data integrity and regulatory adherence. The move is likely to enhance Datavault AI’s competitive edge and expand its addressable market, particularly in sectors where data security is critical.
Investors and industry analysts will be watching closely as the deal progresses, as it represents a significant step in consolidating AI and cybersecurity capabilities within a single platform. For more information about Datavault AI, visit https://dvlt.ai. For the latest news and updates, visit https://ibn.fm/DVLT.
