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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
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
About this update from Gorilla Technology Group Inc.
[{"type":"text","content":"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.","length":550,"tagName":"p"},{"type":"text","content":"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.","length":929,"tagName":"p"},{"type":"text","content":"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.","length":415,"tagName":"p"},{"type":"text","content":"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 engagem...