AI Company Brand Engagement Network Announces Agreement to Acquire German Media Technology Leader Cataneo Gmbh
Brand Engagement Network Inc. (BNAI)
Company Research
Source: GlobeNewswire
JACKSON, Wyo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network, Inc.(BEN) (NASDAQ: BNAI), a global leader in secure and reliable conversational AI solutions for businesses and consumers, today announced it has agreed to acquire 100% of Cataneo Gmbh (Cataneo), a privately-owned media technology company based in Munich, Germany, in a cash and stock transaction. Cataneo, a leader in media technology, offers an all-in-one solution for ad sales, inventory management, and campaign optimization. The company has been profitable throughout the years, with its platform helping broadcast and entertainment companies streamline operations, increase revenue, and enhance audience engagement. By integrating BEN’s advanced Generative AI, Cataneo is poised to strengthen its offerings and deliver even greater value to its brands and customers. Cataneo’s Mydas platform is a rapidly growing, highly sophisticated air-time sales management and ad traffic system managing over 5 billion euros i
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BNAI
Sec Filings
- 11/21/24 - Form 3
- 11/14/24 - Form 424B3
- 11/14/24 - Form 424B3
- BNAI's page on the SEC website