AvePoint Expands AI-Driven Cybersecurity and IT Management Capabilities with Ydentic Acquisition
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AvePoint has acquired Ydentic to enhance its AI-driven cybersecurity and IT management capabilities. This acquisition aims to provide Managed Services Providers with a platform to manage, optimize, and secure IT environments more efficiently, offering new security-centric revenue streams.
January 15, 2025 | 2:45 pm
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AvePoint's acquisition of Ydentic is set to enhance its AI-driven cybersecurity and IT management capabilities, potentially increasing operational efficiency and creating new revenue streams.
The acquisition of Ydentic by AvePoint is likely to enhance its product offerings in AI-driven cybersecurity and IT management. This strategic move is expected to improve operational efficiency and open up new revenue streams, which could positively impact AvePoint's stock price in the short term.
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