Xped adds AI to IoT with AU$900k Jemsoft acquisition
Xped executive chairman Athan Lekkas (Image: Supplied) Australian Securities Exchange-listed Internet of Things (IoT) company Xped has announced that it is purchasing fellow Adelaide-based artificial intelligence (AI) company Jemsoft for AU$200,000 in cash and 50 million Xped shares. The total value of the deal comes to AU$900,000, with Xped shares priced at 14 cents per share. In addition to acquiring all of Jemsoft’s intellectual property — including […]