ZenaTech Announces Acquisition of Warehouse Software Companies for Integration With AI Drone Solution for Automated Inventory Management
ZenaTech, Inc. (ZENA)
Company Research
Source: GlobeNewswire
TORONTO, Ontario, Nov. 12, 2024 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces that it has entered into an agreement to acquire Ecker Capital LLC, the holding company for warehouse management software companies InterlinkONE Inc. and Interactive Systems Inc., from ZenaTech’s affiliated company Ameritek Ventures Inc. (OTC: ATVK). The acquisition of these two software companies will provide important functionality for integration with its ZenaDrone IQ Nano AI drone solution, enabling autonomous inventory management for warehouse and logistics customers. This transaction also further expands ZenaTech’s portfolio of SaaS software solutions and customer base and is expected to add to recurring revenues. Combined operating income for the acquired companies were $354M on revenue of $678K for the first nine months of 20
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ZENA
Sec Filings
- 12/20/24 - Form 6-K
- 12/16/24 - Form 6-K
- 11/20/24 - Form 6-K
- ZENA's page on the SEC website