09:02 AM EDT, 07/07/2025 (MT Newswires) -- Syntheia (SYAI.CN) over the weekend said it signed a definitive agreement dated July 5, to acquire certain assets from Call Center Guys, an arm's length party.

The assets consist primarily of employees, customers and intellectual property, said Syntheia.

Syntheia will pay with 20 million of its common shares and $8 million in cash to be financed through a debt. The closing is expected following completion of the debt financing, the company said.

"This acquisition, upon completion will bring an immediate $10M+ in revenue with a projected $2.2M+ of EBITDA on annual basis," said Syntheia Chief Executive Tony Di Benedetto. "When we then combine with our Syntheia conversational AI platform, we expect savings and efficiencies resulting from deploying our technology of 30% while increasing the customer experience. Welcome to the power of AI."