Datavault AI (NASDAQ: DVLT) and CyberCatch announced on May 1, 2026, that they have entered into a binding letter of intent under which Datavault AI will acquire 100% of CyberCatch in an all-stock transaction valued at approximately CAD $136.8 million. The deal is expected to close following customary conditions and regulatory approvals, with CyberCatch operating as a subsidiary of Datavault AI. CyberCatch founder, Chairman and CEO Sai Huda will serve as president of the subsidiary.
CyberCatch offers a patented AI-enabled platform for continuous compliance and cyber risk mitigation. The acquisition is poised to strengthen Datavault AI’s portfolio by integrating advanced cybersecurity capabilities with its existing data monetization, credentialing, digital engagement, and real-world asset tokenization technologies. Datavault AI’s cloud-based platform serves multiple industries, including sports and entertainment, biotech, education, fintech, real estate, healthcare, and energy, through its Acoustic Science and Data Science Divisions.
According to the press release, the combined entity will leverage CyberCatch’s expertise to enhance security for Datavault AI’s Web 3.0 solutions, such as the Information Data Exchange (IDE), which enables digital twins and licensing of name, image, and likeness by attaching physical objects to immutable metadata. The integration aims to foster responsible AI with integrity while addressing growing cybersecurity threats.
For more details, the full press release is available at https://ibn.fm/lktOf. Datavault AI’s technology suite includes WiSA, ADIO, and Sumerian patented technologies for spatial and multichannel wireless HD sound transmission, as well as AI and machine learning automation for analytics and marketing.
The acquisition underscores a trend of consolidation in the tech sector, where data monetization firms seek to bolster security offerings. Sai Huda’s continued leadership of the CyberCatch subsidiary is expected to ensure continuity for existing customers and partners.
Forward-looking statements in the announcement caution that actual results may differ due to risks and uncertainties, as detailed in Datavault AI’s filings with the SEC, including its most recent Annual Report on Form 10-K. The companies have not provided a specific closing date for the transaction.
