Announced

Dais X to merge business with Dais AI.

Synopsis

Dais X, a leading digital transformation partner to middle-market companies to merge Consulting and Software business unit with Dais AI, a provider of artificial intelligence solutions. Financial terms were not disclosed. Dais X believes the merger will sharpen the company’s focus as a leading digital transformation partner, encouraging long-term revenue growth and margin expansion. Building on Dais X’s successful track record of growth, the merger will give the company more flexibility to explore new areas of growth and apply even more investment behind software product development and AI research and development. “With these foundations in place, we are now ideally positioned to merge with Dais AI and create one leading company. In alignment with our strategic plan, the decision to combine these businesses will allow Dais X to sharpen its focus as a leading digital transformation partner to middle-market companies.” Neal Davis, Dais X President and CEO.

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