Business
DGAP-News: Cyberlux Corporation (OTC:CYBL) Announces the Acquisition of Digital Automation Solution, LLC
DGAP-News: Cyberlux Corporation (OTC:CYBL) Announces the Acquisition of Digital Automation Solution, LLC.
About this update from Cyberlux Corp.
[{"type":"text","content":"\n\n\n\n\nDGAP-News: Cyberlux Corporation\n\n\n / Key word(s): Acquisition\n\n\n\n\n\nCyberlux Corporation (OTC:CYBL) Announces the Acquisition of Digital Automation Solution, LLC \n\n\n\n\n\n\n04.02.2022 / 00:50 \n\n\n\nThe issuer is solely responsible for the content of this announcement.\n\nCyberlux Corporation (OTC:CYBL) Announces the Acquisition of Digital Automation Solution, LLC to Launch and Transform its Software Unit into a Digital Platform Technology Provider and Drive the Company's Platform-as-a-Service and Software-as-a-Service Strategy to Accelerate Global Expansion\n\nCyberlux reaches agreement to acquire Digital Automation Solution, LLC as a Force Multiplier for the Company's Software Strategy as a Global Provider of Digital Transformation Solutions, under the leadership of Mr. Igor Stanisavljev, delivering its Digital Technology Platform to address the $800 Billion Government and Commercial markets worldwide.\n\nRESEARCH TRIANGLE PARK, NC / February 3, 2022 / Today, Cyberlux Corporation, (OTC PINK:CYBL), an advanced digital technology platform company leading the digital transformation evolution across industries with advanced unmanned aircraft systems (UAS), LED lighting solutions, renewable energy and infrastructure technology, and Software-as-a-Service (SaaS) solutions, announced that the Company has acquired Digital Automation Solution, LLC (https://www.digitalautomationsolution.com), an innovative software solutions provider and a source of groundbreaking intellectual property. Digital Automation Solution, LLC (DAS) has expert knowledge and customer experience in building Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS) and Mobile applications across a variety of industries. With this acquisition, Cyberlux is transforming the former Infrastructure Software Solutions (ISS) business unit into the new Digital Platform Solutions (DPS) business unit with an expanded mission to drive both end-to-end PaaS and SaaS offerings, required by global government, military and commercial customers. The new DPS business unit will provide a holistic approach to delivering digital capabilities across the target customer's enterprise, helping to automate processes, enhancing digital experiences, accelerating new product/service time-to-market and evolving their business models.\n\nAs a result of this acquisition, Cyb...