STOCK TITAN

Gorilla Technology Group Relocates Corporate Headquarters to London

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

U.K. Expansion Advances Company’s Globalization Strategy

LONDON, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that the company has moved its corporate headquarters from Taipei to London.

“Establishing our headquarters in the U.K. is a logical next step as we become a global company,” said Gorilla Chairman and CEO Jay Chandan. “We are excited to expand here, as it will create the foundation for our strategic initiatives to further position the company to better serve its increasingly global customer base. This move further validates the need for our solutions in the UK, Europe, MENA and North America. Gorilla is now poised to continue delivering leading-edge technology and services at the highest levels, whilst simultaneously providing a nurturing environment to foster innovation and attract and retain global talent. The move will also help us continue our growth and business expansion in Taiwan and the broader Asian markets and strengthen our various partnerships.”

The U.K. is home to several members of the core management team and tech staff, including talent absorbed following the recent acquisition of SeeQuestor’s technology stack. Gorilla’s new R&D Lab will also be housed in London.

About Gorilla Technology Group Inc.

Gorilla, headquartered in London, is a global solution provider in security intelligence, network intelligence, business intelligence and IoT technology. Gorilla develops a wide range of solutions including Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies and private enterprises with network surveillance and cyber security.

Gorilla places an emphasis on offering leading technology, expert service, and precise delivery, and ensuring top-of-the-line, intelligent and strong edge AI solutions that enable clients to improve operational performance and efficiency. With continuous core technology development, Gorilla will deliver edge AI solutions to managed service providers, distributors, system integrators, and hardware manufacturers.

Gorilla-Technology.com

No Offering of Securities

This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Forward-Looking Statements

This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

Contact:
Jeff Fox
The Blueshirt Group for Gorilla
415-828-8298
jeff@blueshirtgroup.com


Gorilla Technology Group Inc. Ordinary shares

NASDAQ:GRRR

GRRR Rankings

GRRR Latest News

GRRR Stock Data

52.71M
33.43M
34.56%
15.3%
0.73%
Software Publishers
Information
Link
United States of America
London

About GRRR

gorilla technology, a privately held company established in 2000, is a global leader in video intelligence and iot technology, supporting a wide range of video-centric and content management applications for smart retail, enterprise surveillance, city security, and broadcast media. with vemo technology, gorilla applies its deep learning algorithms, enabling automation of digital streams processing and comprehensive video analytics to create value-added services for expanding businesses opportunities.