Circus SE has announced its intention to acquire FullyAI, a company specializing in AI technology that enhances user interactions with complex service processes. Under the agreement, Circus SE will acquire FullyAI by issuing 400,000 new shares and making a cash payment, with a lock-up period of 36 months for the shares. FullyAI’s innovative solutions have gained recognition from major corporations like Meta and Ford. This strategic move is aimed at integrating FullyAI’s advanced AI capabilities into Circus SE’s products, including their food production robot. The transaction is pending regulatory approvals and final agreements. This acquisition highlights Circus SE’s commitment to expanding its technological offerings in the AI sector.
Circus SE Moves to Acquire AI Innovator FullyAI
Circus SE, a prominent player in the technology sector, has announced its intention to acquire FullyAI, an innovative company specializing in Agentic AI. The deal is primarily structured as a capital increase, with Circus SE planning to issue 400,000 new shares and provide an additional cash payment for all shares of Fully Ventures GmbH, the parent company of FullyAI.
What’s notable about FullyAI is its unique technology that enhances user interaction with complex service processes through intelligent AI agents. This technology has already attracted attention from major corporations such as Meta and Ford, showcasing its growing influence in the tech ecosystem.
This acquisition is poised to bolster Circus SE’s portfolio, allowing it to integrate FullyAI’s capabilities into its products, including the CA-1 food production robot. However, the completion of the deal awaits the finalization of binding agreements and regulatory approvals, which is standard in such transactions.
Investors and tech enthusiasts alike will be watching closely as Circus SE takes these strategic steps to enhance its AI capabilities and Market presence.
Contact Information:
Circus SE
Hongkongstrasse 6
20457 Hamburg
Email: press@circus-group.com
Follow this development for updates on how this acquisition shapes the future of AI and technology within Circus SE.
Keywords: Circus SE, FullyAI, AI acquisition
Secondary Keywords: Agentic AI, technology integration, investor news
What is the purpose of Circus SE acquiring FullyAI?
Circus SE wants to acquire FullyAI to enhance their offerings in the artificial intelligence space. This will help them develop better products and services using advanced AI technology.
How will this acquisition benefit Circus SE?
By acquiring FullyAI, Circus SE aims to gain access to innovative AI solutions that can improve their business operations. This could lead to better customer experiences and increased efficiency.
What products does FullyAI offer?
FullyAI specializes in AI-driven tools that help businesses analyze data and make smarter decisions. Their technology can be used in various sectors, including finance, Marketing, and customer service.
When is the acquisition expected to be completed?
The exact timeline for the acquisition is not confirmed yet. It will depend on regulatory approvals and other necessary steps, but Circus SE hopes to finalize it soon.
Will there be changes for FullyAI employees after the acquisition?
Circus SE plans to integrate FullyAI’s team and maintain their expertise. While some changes might occur, the goal is to support and retain talent to drive growth in the combined company.
