India, July 20 -- On Monday, Eva Live Inc. (GOAI), an AI technology company, announced that it has signed a letter of intent to acquire 51 percent of controlling interest in Airbeam Wireless Technologies Inc., with an option to acquire remaining 49 percent. The deal values Airbeam at approximately $16 million.
With the proposed acquisition, Eva Live would get access to more than 260 patents and advanced millimeter-wave semiconductor technology.
The company expects to benefit from the three fastest-growing technology sectors, such as autonomous Defense systems, AI communications infrastructure, and satellite networks. According to the firm, these markets collectively represent a $3 trillion global opportunity over the coming decades.
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