Gorilla Technology Enters into a Definitive Agreement to Acquire Innovative Technology Solution Providers CNS and CANS in Thailand, Unlocking New Revenue Streams in AI, Cybersecurity and AI-Powered Customer Engagement Infrastructure
Gorilla Technology (NASDAQ: GRRR) has entered into a definitive agreement to acquire CNS and its subsidiary CANS, two leading Thai technology solution providers. The acquisition, set to close in summer 2025, will enhance Gorilla's product portfolio with a mobile-first AI-powered customer engagement infrastructure platform.
CNS and CANS bring a substantial client base of over 200 businesses and coverage across all 77 Thai provinces. The acquisition strengthens Gorilla's presence in the ASEAN region and expands its capabilities in edge AI, cybersecurity, and intelligent service platforms.
The addressable market opportunity is significant, with the Southeast Asian Edge AI, Video Analytics, and Cybersecurity market forecast to exceed $6.8 billion by 2027. The global customer engagement software market is projected to reach $173.9 billion by 2032, growing at a 21.2% CAGR.
Gorilla Technology (NASDAQ: GRRR) ha stipulato un accordo definitivo per acquisire CNS e la sua controllata CANS, due importanti fornitori di soluzioni tecnologiche thailandesi. L'acquisizione, prevista per l'estate 2025, arricchirà il portafoglio prodotti di Gorilla con una piattaforma infrastrutturale di coinvolgimento clienti basata su AI e mobile-first.
CNS e CANS vantano una solida base clienti composta da oltre 200 aziende e una copertura in tutte le 77 province della Thailandia. L'acquisizione rafforza la presenza di Gorilla nella regione ASEAN e amplia le sue competenze nell'edge AI, nella cybersecurity e nelle piattaforme di servizi intelligenti.
Le opportunità di mercato sono rilevanti, con il mercato dell'Edge AI, Video Analytics e Cybersecurity nel Sud-est asiatico che si prevede supererà i 6,8 miliardi di dollari entro il 2027. Il mercato globale del software per il coinvolgimento clienti è stimato raggiungere i 173,9 miliardi di dollari entro il 2032, con una crescita annuale composta del 21,2%.
Gorilla Technology (NASDAQ: GRRR) ha firmado un acuerdo definitivo para adquirir CNS y su subsidiaria CANS, dos destacados proveedores de soluciones tecnológicas en Tailandia. La adquisición, que se cerrará en el verano de 2025, fortalecerá el portafolio de productos de Gorilla con una plataforma de infraestructura para la interacción con clientes basada en IA y enfocada en dispositivos móviles.
CNS y CANS cuentan con una base de clientes significativa de más de 200 empresas y presencia en las 77 provincias tailandesas. La adquisición refuerza la presencia de Gorilla en la región ASEAN y amplía sus capacidades en edge AI, ciberseguridad y plataformas de servicios inteligentes.
La oportunidad de mercado es considerable, con el mercado del Edge AI, análisis de video y ciberseguridad en el Sudeste Asiático que se proyecta superar los 6,8 mil millones de dólares para 2027. El mercado global de software para la interacción con clientes se estima alcanzará los 173,9 mil millones de dólares para 2032, con una tasa de crecimiento anual compuesta del 21,2%.
고릴라 테크놀로지 (NASDAQ: GRRR)는 태국의 선도적인 기술 솔루션 제공업체인 CNS와 그 자회사 CANS를 인수하는 최종 계약을 체결했습니다. 이번 인수는 2025년 여름에 완료될 예정이며, 고릴라의 제품 포트폴리오를 모바일 우선 AI 기반 고객 참여 인프라 플랫폼으로 강화할 것입니다.
CNS와 CANS는 200개 이상의 기업을 포함한 방대한 고객 기반과 태국 77개 모든 주에 걸친 커버리지를 보유하고 있습니다. 이번 인수는 고릴라의 ASEAN 지역 내 입지를 강화하고 엣지 AI, 사이버 보안, 지능형 서비스 플랫폼 분야에서 역량을 확장합니다.
시장 기회는 매우 크며, 동남아시아 엣지 AI, 비디오 분석 및 사이버 보안 시장은 2027년까지 68억 달러를 초과할 것으로 예상됩니다. 전 세계 고객 참여 소프트웨어 시장은 2032년까지 1,739억 달러에 이를 것으로 전망되며, 연평균 성장률은 21.2%입니다.
Gorilla Technology (NASDAQ : GRRR) a conclu un accord définitif pour acquérir CNS et sa filiale CANS, deux principaux fournisseurs de solutions technologiques en Thaïlande. Cette acquisition, prévue pour l'été 2025, renforcera le portefeuille de produits de Gorilla avec une plateforme d'infrastructure d'engagement client mobile-first alimentée par l'IA.
CNS et CANS apportent une base client importante de plus de 200 entreprises et une couverture dans les 77 provinces thaïlandaises. Cette acquisition renforce la présence de Gorilla dans la région ASEAN et étend ses capacités en edge AI, cybersécurité et plateformes de services intelligents.
Les opportunités de marché sont significatives, avec un marché de l'Edge AI, de l'analyse vidéo et de la cybersécurité en Asie du Sud-Est qui devrait dépasser 6,8 milliards de dollars d'ici 2027. Le marché mondial des logiciels d'engagement client devrait atteindre 173,9 milliards de dollars d'ici 2032, avec un taux de croissance annuel composé de 21,2%.
Gorilla Technology (NASDAQ: GRRR) hat eine verbindliche Vereinbarung zum Erwerb von CNS und dessen Tochtergesellschaft CANS getroffen, zwei führenden Technologieanbietern aus Thailand. Der Abschluss der Übernahme ist für Sommer 2025 geplant und wird das Produktportfolio von Gorilla um eine mobile-first KI-basierte Kundenbindungsinfrastrukturplattform erweitern.
CNS und CANS verfügen über eine umfangreiche Kundenbasis von über 200 Unternehmen und sind in allen 77 thailändischen Provinzen vertreten. Die Übernahme stärkt Gorillas Präsenz in der ASEAN-Region und erweitert die Kompetenzen in den Bereichen Edge AI, Cybersicherheit und intelligente Serviceplattformen.
Das adressierbare Marktpotenzial ist erheblich: Der Markt für Edge AI, Videoanalyse und Cybersicherheit in Südostasien wird voraussichtlich bis 2027 über 6,8 Milliarden US-Dollar erreichen. Der globale Markt für Kundenbindungssoftware wird bis 2032 auf 173,9 Milliarden US-Dollar geschätzt und wächst mit einer jährlichen Wachstumsrate (CAGR) von 21,2%.
- Expansion into Thailand and ASEAN markets with immediate access to 200+ business clients
- Access to nationwide network covering all 77 Thai provinces
- Addition of 30-strong R&D center to support regional infrastructure projects
- Entry into high-growth markets: Edge AI ($66.5B by 2030), Video Analytics ($23.4B by 2030), and Customer Engagement ($173.9B by 2032)
- Integration of mobile-first AI platform unlocks new recurring revenue streams
- Financial terms of the acquisition not disclosed, creating uncertainty about deal value and potential impact
- Integration risks with combining two different companies and technologies
- Potential execution challenges in expanding beyond Thai market
Insights
Gorilla's acquisition of CNS/CANS strategically expands its AI capabilities and ASEAN footprint, targeting multi-billion dollar markets.
Gorilla Technology's definitive agreement to acquire CNS and its subsidiary CANS represents a strategic expansion that significantly strengthens the company's position in Southeast Asia's growing technology markets. This acquisition provides immediate scale through access to CNS/CANS' existing client base of over 200 businesses and operational network across all 77 Thai provinces, creating substantial geographic leverage.
The deal's primary value lies in three dimensions: product portfolio enhancement, market expansion, and revenue diversification. By integrating CNS/CANS' mobile-first AI-powered customer engagement platform, Gorilla gains entry to the rapidly growing customer engagement software market, projected to reach
This acquisition aligns perfectly with high-growth market trends in Edge AI (
The acquisition's true long-term value depends on successful integration of CNS/CANS' 30-person R&D team and leveraging their technology across Gorilla's global operations. The emphasis on recurring revenue potential suggests a shift toward more predictable business models. With customer engagement infrastructure as a fundamental business need across multiple sectors and geographies, this positions Gorilla to expand beyond its current market focus into potentially more stable revenue streams across diverse verticals.
London, United Kingdom--(Newsfile Corp. - June 24, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, has entered into a definitive agreement to acquire CNS, as well as its communication and mobility subsidiary CANS, two of Thailand's most innovative technology solution providers. The transaction is expected to close in the summer of 2025. Financial terms were not disclosed.
This strategic acquisition significantly enhances Gorilla's product portfolio and opens up new monetisation opportunities through a mobile-first AI-powered customer engagement infrastructure platform designed for distributed teams, telecom operators, call centres and public service agencies. This announcement marks another milestone in Gorilla's strategic expansion across Thailand and the broader Association of Southeast Asian Nations (ASEAN) region. Building on a series of high-impact digital infrastructure and AI deployments, the Company continues to strengthen its regional presence through scalable, sovereign-aligned technology that addresses national priorities in public safety, smart cities and digital transformation. With growing demand for edge AI, cybersecurity and intelligent service platforms, Gorilla is well-positioned to become a foundational layer in Southeast Asia's next wave of innovation.
CNS and CANS, founded by CEO Praweena Saingam, have earned a reputation for building scalable, low-latency, CPU-optimised AI systems across video analytics, network defence and intelligent mobile platforms. With a client base of over 200 businesses and a nationwide network spanning all 77 Thai provinces, the companies bring immediate scale and deep operational know-how to Gorilla's strategy in Asian markets.
Jay Chandan, Chairman and CEO of Gorilla Technology, stated: "This is a strategic leap forward for Gorilla and for the advancement of AI in Asia. CNS and CANS are leaders in real-world deployment at scale, from public infrastructure to secure enterprise systems. The addition of its mobile-first engagement platform will allow us to offer an AI-powered customer engagement infrastructure solution that is future-ready, mobile-native and globally scalable. We see enormous recurring revenue potential, not just in Thailand but across Southeast Asia, Latin America and beyond."
Dr. Rajesh Natarajan, Chief Technology Officer of Gorilla, added: "Incorporating this mobility first, context-aware engagement platform into our portfolio significantly accelerates our roadmap. It gives us the tools to drive hyper-personalized, intelligent communication at the edge; across telcos, smart service providers, contact centres and government agencies; unlocking new levels of operational coordination and customer connection. This transaction positions Gorilla to address a multi-billion-dollar segment in customer engagement and operational coordination as we strengthen our portfolio towards creating Smarter and Safer Cities."
Praweena Saingam, Founder and CEO of CNS and CANS, commented: "We built CANS and CNS to solve problems at scale for Thai enterprises and government clients. Joining Gorilla gives our solutions scale and global reach. Together, we are creating intelligent, agile infrastructure that empowers teams and protects communities, whether in Bangkok, Bogotá or Berlin."
Expanding Gorilla's Product Portfolio
Gorilla will integrate CNS and CANS's collective field-tested products into its global platform, including mobility-first AI-powered engagement platform, alongside CPU-optimised edge AI software for video analytics and endpoint detection. Their 30-strong research and development centre will also support Gorilla's rollout of smart infrastructure projects across the region.
Addressable Market Opportunity
In Southeast Asia, the Edge AI, Video Analytics and Cybersecurity market is forecast to exceed
Complementing these trends is the surging demand for intelligent, mobility-first customer engagement platforms. The global market for contact and customer engagement software is projected to reach
About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
For more information, please visit our website: Gorilla-Technology.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256606
FAQ
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