Xylo Technologies Signs LOI to Acquire a Leading AI Technology Company Based in Germany

Xylo Technologies Ltd. (Nasdaq: XYLO) ("Xylo" or the "Company"), a technology-based company focusing on advanced innovative technologies, has made a move towards expanding its portfolio by signing a letter of intent ("LOI") for the strategic acquisition of a leading German artificial intelligence ("AI") company. This acquisition is poised to enhance Xylo’s capabilities in predictive maintenance, condition monitoring technologies, and various other AI tools across multiple industries. $Xylo Technologies(XYLO.US)$