Protectt.ai To Acquire Controlling Stake In Bosch’s AIShield
by Shraddha Goled · Inc42SUMMARY
- Protectt.ai has acquired a majority stake in AIShield, an AI security platform incubated within Bosch Global Software Technologies, through a primary share issuance and a secondary purchase.
- AIShield will operate as an independent entity under Protectt.ai, combining its AI security capabilities with Protectt.ai’s mobile security platform and customer relationships. The company plans to grow AIShield’s team from 12-15 employees to 50-60 by March.
- Protectt.ai is exploring further acquisitions and partnerships in areas such as API and cloud security as it looks to expand its cybersecurity capabilities and build a full-stack AI security platform.