Curated News
By: NewsRamp Editorial Staff
October 23, 2024

ZenaTech, Inc. to Acquire Jadian and DeskFlex Software Companies

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Source News Release

TLDR

  • ZenaTech's acquisition of Jadian and DeskFlex software companies will provide essential compliance, inspection, scheduling, and mapping software, giving them an edge in the AI drone solutions market.
  • The acquisition of Jadian and DeskFlex software companies will allow ZenaTech to integrate compliance software with ZenaDrone drone hardware and sensors for tracking and managing regulatory and environmental requirements.
  • The integration of Jadian and DeskFlex software will help farmers track and manage regulatory and environmental requirements, such as crop traceability, fertilizer and pesticide use, water conservation, and greenhouse gas emissions, making sustainable farming practices more accessible.
  • ZenaTech's acquisition of Jadian and DeskFlex software companies will revolutionize the AI drone solutions market by adding essential compliance, inspection, scheduling, and mapping software capabilities.

Impact - Why it Matters

This news matters as it shows ZenaTech's strategic move to enhance its AI drone solutions with compliance and scheduling software, which will benefit sectors such as agriculture and property management. The acquisition is expected to expand ZenaTech's customer base and revenue, impacting the company's growth and industry innovation.

Summary

ZenaTech, Inc. has announced its agreement to acquire ZooOffice Inc., the holding company for software companies Jadian and DeskFlex, which will provide compliance and inspection software as well as scheduling and mapping software to be incorporated into ZenaTech's AI drone solutions. This acquisition is expected to add to recurring revenue in the government sector and expand ZenaTech's portfolio of SaaS software solutions and customer base. The transaction is subject to shareholder and regulatory approvals.

Source Statement

This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, ZenaTech, Inc. to Acquire Jadian and DeskFlex Software Companies

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