Sarine Technologies completed the acquisition of a 33% stake in Kitov AI for $4.1m.

Sarine Technologies, a diamond and gemstone technology company, completed the acquisition of a 33% stake in Kitov AI, a visual inspection software platform, for $4.1m. “I am very excited about this opportunity. Kitov.ai has top-notch technology in an expansive field and an impressive list of customers across a multitude of disciplines. I am sure that with our contribution to their business strategy and execution, I believe we can help Kitov.ai evolve into a leading world-class provider of QA/QC solutions. No less importantly, the opportunity to diversify into other fields comes at an opportune time and at a reasonable price. I wish us all a successful productive future," Daniel Glinert, Sarine Technologies Executive Chairman