Datavault AI Completes CSI Acquisition, Projects Significant Revenue Growth
TL;DR
Datavault AI (NASDAQ: DVLT) will finalize the acquisition of CompuSystems Inc. assets, positioning for revenue growth in sports, entertainment, and events.
Datavault AI to automate revenue-generating deployments in sports, entertainment, and event markets with acquired CompuSystems Inc. assets.
Datavault AI's acquisition of CompuSystems Inc. assets aims to enhance revenue and growth, benefiting sports, entertainment, and event markets.
Datavault AI's acquisition of CompuSystems Inc. assets opens new opportunities for revenue growth and market expansion in sports, entertainment, and events.
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Datavault AI Inc. (NASDAQ: DVLT) has completed its acquisition of CompuSystems Inc. (CSI), a strategic move aimed at scaling revenue-generating deployments across multiple market sectors. CEO Nathaniel Bradley highlighted the acquisition as a pivotal step in the company's growth strategy.
The newly formed CSI Division will be led by President John Mark LoGiurato, who was granted 500,000 restricted stock units contingent on time- and revenue-based vesting milestones. Datavault anticipates the CSI acquisition will deliver substantial financial returns, projecting $12-15 million in revenue for the second half of 2025 and an additional $15-20 million contribution toward 2026 targets.
This acquisition represents a significant expansion of Datavault's capabilities in AI-powered data experience, valuation, and monetization. By integrating CSI's assets, the company is positioning itself to leverage opportunities in sports, entertainment, and event markets, potentially transforming how data is processed and monetized across these industries.
The strategic move underscores Datavault's commitment to leveraging advanced technologies and expanding its market presence through targeted acquisitions and technological innovation.
Curated from InvestorBrandNetwork (IBN)
