Asian Spectator

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INFOMEDIA TO ACQUIRE 50% OF INTELLEGAM - AN ENTREPRENEURIAL AUTOMOTIVE AI STARTUP IN EUROPE

  • Written by PR Newswire Asia - Asian Spectator

SYDNEY, Feb. 14, 2025 /PRNewswire/ -- Infomedia Ltd (ASX: IFM) is pleased to announce that it has entered into a binding agreement to acquire 50% of European AI startup, Intellegam GmbH (Intellegam), for a purchase price of ~A$10[1] million. This is a strategic move that will accelerate our innovation agenda and unlock product-led growth across...

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