• Sun. Apr 21st, 2024

Span Acquires 30% of Bonsai Business Share: Merger Plans Aim to Streamline Software and AI Solutions Offerings

BySamantha Nguyen

Apr 3, 2024
Span took full ownership of Bonsai through a 100% stake acquisition

Recently, Croatian IT company Span completed a deal to purchase 30 percent of the business share in company Bonsai, valued at 750 thousand euros. This acquisition allowed Span to gain 100 percent ownership of Bonsai and announced plans to merge the two companies. Additionally, Span intends to merge its related company Ekobit, which is currently entirely owned by Span.

The integration of Bonsai and Ekobit into Span will streamline its software and AI solutions offerings. The goal is to present a cohesive and unique brand on the market. Along with cloud and cybersecurity, artificial intelligence is identified as a key strategic focus for Span moving forward.

Following the merger’s completion, Bonsai and Ekobit will operate under the unified Span brand. AI solutions are increasingly being implemented in organizations, and the availability of generative artificial intelligence is speeding up this process. Businesses are exploring how AI-based solutions can enhance operations and processes.

According to Span, artificial intelligence is no longer just a topic of discussion but is actively being integrated into businesses. The merger will strengthen Span’s AI offerings in key business segments and is expected to drive significant profits in the future. Span’s CEO, Nikola Dujmovi, emphasized the potential of this move in a recent statement: “We believe that this move will position us as leaders in the AI industry and help us achieve our long-term growth goals.”

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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