Sonasoft Corp (SSFT)

[$BABA]

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Sonasoft will be able to seamlessly integrate E-Connect Software and OPtimAIze’s AI and machine learning (ML) into all its products and solutions
The combined Company will have the value and reach of having access to a large team of data scientists and AI engineers, which will solidify Sonasoft’s leadership in AI as well as add to bottom-line revenue in the lucrative AI consulting business
The combined Company will be able to penetrate new verticals and further expand its market reach, particularly into the AIOps sector
Shareholder value will be added by combining the intellectual property (IP) and enterprise accounts, leading to cross-sale opportunities in both software solutions and professional services
Both prospective acquisitions are led by the same senior management team. The two partners have held various C-level positions with several technology firms.