Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

EXPLAINED: Gorilla technology grrr stock surges on agreement to acquire thai ai firms | Vintage Vibes

Stock,Market,Graph,Going,Down

Shares of Gorilla Technology Group Inc (NASDAQ:GRRR) are surging Tuesday morning, rising over 17% to $23.96 after announcing a definitive agreement to acquire Thai technology providers CNS and its subsidiary CANS. The deal, with undisclosed financial terms, is expected to close this summer.

What To Know: The company says this acquisition significantly boosts Gorilla’s presence in Southeast Asia, integrating a mobile-first, AI-powered customer engagement platform into its portfolio.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.