News Image

Rezolve Ai Strengthens AI Commerce Play with $55M Acquisition of GroupBy, a Platform Driving Over $30B in Annual Sales

Provided By GlobeNewswire

Last update: Feb 14, 2025

NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Following yesterday’s announcement, Rezolve Ai (NASDAQ: RZLV), today confirms that it is acquiring GroupBy in an all equity transaction with a $55 million enterprise value, that will, following closing, add a high-growth, revenue-generating business to its expanding AI commerce platform. The deal is expected to bring approximately $30 million in expected high margin revenue for 2025, further strengthening Rezolve Ai’s position as a leader in AI-driven commerce solutions.

Read more at globenewswire.com

REZOLVE AI LTD

NASDAQ:RZLV (2/24/2025, 12:39:05 PM)

2.465

-0.08 (-3.33%)



Find more stocks in the Stock Screener

Follow ChartMill for more