$Intrusion (INTZ.US)$ NEWS Intrusion Inc. Announces Acquisit...
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Intrusion Inc. Announces Acquisition of Minority Stake in Klever AI
PLANO, TX / ACCESSWIRE / April 22, 2024 / Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions, today announced it has agreed to acquire a minority stake in Klever AI, a Houston, TX based artificial intelligence company, in an all-stock transaction.
Klever AI, a cutting-edge technology company at the forefront of the artificial intelligence (AI) revolution, has been helping organizations thrive in the digital age by developing innovative and practical AI and machine learning (ML) solutions that assist in transforming businesses. Klever AI currently operates in a wide range of industries, such as healthcare, security, finance and IoT. The company empowers organizations by using its AI/ML solutions to help unlock valuable insights, drive operational efficiency, and make data-driven decisions with confidence. Over the past two years, Klever AI has been both a partner and a customer of Intrusion, assisting with both the design and development of Intrusion ShieldEndpoint and Cloud solutions, as well as incorporating Shield technology as a part of its customer solutions.
Klever AI, a cutting-edge technology company at the forefront of the artificial intelligence (AI) revolution, has been helping organizations thrive in the digital age by developing innovative and practical AI and machine learning (ML) solutions that assist in transforming businesses. Klever AI currently operates in a wide range of industries, such as healthcare, security, finance and IoT. The company empowers organizations by using its AI/ML solutions to help unlock valuable insights, drive operational efficiency, and make data-driven decisions with confidence. Over the past two years, Klever AI has been both a partner and a customer of Intrusion, assisting with both the design and development of Intrusion ShieldEndpoint and Cloud solutions, as well as incorporating Shield technology as a part of its customer solutions.
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