Being AI Eyes Controlling Stake in Solution Dynamics

Listed artificial intelligence firm, Being AI, has announced its interest in acquiring a controlling stake in Solution Dynamics, a New Zealand-based software-as-a-service communications company. On Thursday, Being AI revealed that one of its subsidiaries had approached Solution Dynamics, which is listed on the New Zealand Exchange (NZX), regarding a potential takeover. The exact price of the offer has not been disclosed, but the acquisition could be made either through a 100% Being AI scrip option or a combination of cash and new shares. Solution Dynamics positions itself as a global leader in customer communications solutions.

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