Artificial Intelligence
Merger / DESPAC
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New York, March 26, 2025 – Rezolve Ai (NASDAQ: RZLV) has finalized its acquisition of GroupBy Inc., GroupBy International Ltd., GroupBy USA Inc., and GroupBy UK Ltd. (collectively, “GroupBy”). The acquisition, initially announced on February 11, 2025, was completed on March 25, 2025.
This acquisition is expected to significantly enhance Rezolve Ai’s capabilities in AI-driven commerce, site search, and digital engagement, positioning the company as a leader in the eCommerce landscape.
Strategic Synergies and Market Leadership
The acquisition combines GroupBy’s product discovery platform with Rezolve Ai’s digital engagement tools. The combined entity aims to deliver personalized and intelligent commerce experiences to merchants, brands, and consumers.
Daniel M. Wagner, CEO and Chairman of Rezolve Ai, stated that integrating GroupBy’s capabilities with Rezolve Ai’s platform will redefine the future of commerce and digital engagement.
Accelerating Innovation and Growth
The acquisition is set to speed up Rezolve Ai’s innovation and scaling of its offerings, especially in AI-powered site search, product recommendations, and personalized shopping experiences. This will enable merchants to unlock new revenue streams and improve customer satisfaction.
Rezolve Ai is dedicated to a smooth integration process and will leverage the acquisition to expand its global presence, targeting markets where AI-driven commerce solutions are highly sought after.