ePlus Expands AI Portfolio with Realwave Acquisition
ePlus has acquired the assets of Realwave, Inc., a software company known for its cloud-based, AI-powered data analysis solutions. This acquisition, announced in a press release, aims to enhance ePlus' growing portfolio of AI-enabled solutions and services.
Realwave's technology integrates data from various sources, such as IoT devices and sensors, to automate data analysis and business processes. This capability will allow ePlus to offer more comprehensive AI-powered applications across sectors like retail, healthcare, and transportation.
The acquisition aligns with ePlus' strategy to invest in technologies that expand its service offerings in AI, cybersecurity, and data center solutions. The financial terms of the transaction were not disclosed.
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