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Business

SKYX Announces Closing of Merger with Leading AI Smart Home Technology Company Deako, Positioning the Combined Company to Become a Leader in the AI Smart Home Market

Financial Post ·

Rani Kohen, Founder and Executive Chairman of SKYX Platforms, said: “The close of the SKYX Deako merger is a major step forward in our mission to make advanced, safe, smart homes and buildings the new standard.

Combining our complementary technologies, extensive patent portfolios, and established market relationships, we believe we are creating the most comprehensive A to Z smart home and AI platform in the industry.

Importantly, Deako’s track record with 50 prominent U.S. builders provides an opportunity to significantly accelerate SKYX’s builder market penetration, creating a meaningful long-term value for our shareholders.” Read More

Read the full article on Financial Post ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.

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