Plum Acquisition Corp I (PLMI)

[barnyarddog]

Ostendo Technologies, Inc. and Veea Inc. to Merge

Companies with Shared Values, Complementary Technologies, and Visionary Founders and Leadership, Will Change the Way the World Perceives Information

Combined capabilities of the two companies deliver a truly transformative range of integrated wearable and edge computing products that enable Web3 applications for enterprise and consumer markets alike

CARLSBAD, CALIFORNIA; NEW YORK, NEW YORK – February 26, 2023/PRNewswire/ — Ostendo Technologies, Inc., and Veea Inc. today announced the signing of a letter of intent to combine Ostendo’s foundational quantum technologies and wearable display assets with Veea’s leading smart edge connectivity business to create a first of its kind, standalone company. The combined companies will create a new paradigm for hyperconverged wireless solutions and a revolutionary solution for enabling Web3 capabilities for ambient interaction between people, places and things.

https://www.veea.com/news/ostendo-and-veea-merger