WiSA Technologies shares are trading higher after the company announced that it executed a definitive asset purchase agreement to purchase the Datavault intellectual property and information technology assets of privately held Data Vault Holdings for $210 million.
Portfolio Pulse from Benzinga Newsdesk
WiSA Technologies' shares rose following their announcement of a $210 million asset purchase agreement to acquire Datavault's intellectual property and IT assets.
September 04, 2024 | 12:04 pm
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WiSA Technologies' stock is experiencing an upward trend due to the announcement of a $210 million acquisition of Datavault's intellectual property and IT assets.
The acquisition of Datavault's assets is a significant move for WiSA Technologies, likely enhancing their technological capabilities and market position. This positive development is driving the stock price up.
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