Announced
Completed
Financials
Tags
recognition algorithms
Computer Hardware
Acquisition
Reverse Takeover
Cross Border
Single Bidder
Majority
De-SPAC
software services
Cayman Islands
Private
Friendly
Completed
Synopsis
WiMi Hologram Cloud-backed VIYI Algorithm, a company engaged in development and application of bespoke central processing algorithms, went public via a SPAC merger with Venus Acquisition in a $400m deal. In the mid-to-long term, VIYI Algo continues to adhere to its strategic mindset. By improving upon each iteration of VIYI Algo's one-stop intelligent data management solutions made possible by its proprietary central processing algorithm services, VIYI Algo can help customers to enhance their service efficiency and make model innovations in business, and actively enhance the industry value of the central processing algorithm services in the general field of data intelligent processing industry.
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