08:46 AM EDT, 06/24/2025 (MT Newswires) -- Gorilla Technology ( GRRR ) said Tuesday it signed a deal to acquire Thai tech providers CNS and its unit CANS, with the transaction expected to close in the summer.
No financial information was disclosed.
The deal expands Gorilla's AI-driven product lineup and adds a mobile-first customer engagement platform targeting telecom, public sector and enterprise clients.
CNS and CANS serve more than 200 businesses across all 77 Thai provinces with scalable AI systems for video analytics and network defense, Gorilla said.
The company also said it will integrate the acquired edge AI and mobile services into its smart city and public safety projects across Southeast Asia.
Shares of the company were up more than 5% in recent pre-bell Tuesday activity.
Price: 21.45, Change: +1.05, Percent Change: +5.15