Infomedia to acquire a 50% stake in Intellegam for €6.1m.

Infomedia, a global provider of SaaS solutions, agreed to acquire a 50% stake in Intellegam, a developer of AI-powered digital assistants, for €6.1m. “The partnership with Intellegam is an exciting milestone for Infomedia. Intellegam will bring cutting-edge generative AI technology, that’s purpose-built for the automotive sector, into our business. With a proven turn-key product in market with two Chinese OEM brands and scalable IP ready to go, this acquisition reinforces our commitment to delivering intelligent, data-driven solutions that power the automotive ecosystem. By combining Intellegam’s innovative AI technology with our industry-leading automotive software and data solutions, we will enhance our existing product portfolio and bring new solutions to our customers. We look forward to welcoming the Intellegam team to Infomedia and working together to drive global opportunities,” Jens Monsees, Infomedia CEO.