Bittium To Acquire 24.9% Stake In MarshallAI

(RTTNews) - Bittium said it is acquiring a 24.9 percent stake in MarshallAI or Kradient Intelligence Oy through a directed share issue. MarshallAI is a Finnish pioneer in artificial intelligence solutions, with a product and solution portfolio focused on AI-based signal processing for the needs of defense and industry. MarshallAI's current owners and company management will remain significant shareholders.

Bittium and MarshallAI have also entered into a cooperation agreement through which the companies will jointly develop AI-based solutions for Bittium's product families. Bittium will license MarshallAI's AI tool.