Big TechLive Wire · AI-collected
Datavault AI to Acquire CyberCatch in $94.5 Million All-Cash Deal
3-line summary
- Datavault AI agreed to acquire cybersecurity company CyberCatch, paying $3.53 per share for approximately 26.8 million common shares, replacing an earlier all-stock proposal from a May 2026 letter of intent, according to a Yahoo Finance report.
- The deal is structured as a court-approved plan of arrangement under British Columbia's Business Corporations Act and remains subject to board, stock exchange, regulatory and shareholder approvals; CyberCatch will operate as a Datavault AI subsidiary from its San Diego base, with founder Sai Huda leading it as president.
- Datavault AI plans to integrate CyberCatch's AI-powered compliance and cyber-risk platform, including its MARS-MABE encryption technology, into its Quantum Private Network GPU ecosystem.
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