Guardforce AI Co., Limited (NASDAQ: GFAI, GFAIW), a technology firm specializing in AI-driven automation, robotics, and secured logistics, has signed a non-binding letter of intent to acquire a leading company in AI-powered speech therapy. The proposed acquisition aims to expand Guardforce AI’s portfolio into healthcare technology, leveraging artificial intelligence to enhance speech therapy solutions.
The agreement is currently non-binding, with both parties expected to conduct further due diligence before finalizing the transaction. Details regarding the target company and financial terms have not been disclosed.
**Why this matters**
The acquisition could enable Guardforce AI to diversify its offerings beyond logistics and automation into the growing field of AI healthcare applications. Integrating AI-powered speech therapy technology may open new market opportunities and support advancements in digital health solutions.
Source: NewsData