Vertoz Advertising Limited (NSE: VERTOZ), an AI-driven MadTech platform, reveals a strategic merger with two companies – PayNX Technologies Private Limited and QualiSpace Web Services Private Limited – consolidating its technology platforms into two main categories: MadTech and CloudTech.
The company, already specializing in MadTech, broadens its portfolio through this merger, incorporating Digital Identity (Domain Name) and Cloud services into Vertoz’s offerings.
Furthermore, numerous brands associated with PayNX Technologies Private Limited and QualiSpace Web Services Private Limited merge with Vertoz Advertising Limited. Notable brands include QualiSpace, a premier cloud infrastructure provider, and ConnectReseller, an ICANN-accredited domain registrar.
This consolidation enhances Vertoz’s MadTech business with additional media properties and advertising networks, strengthening its presence in the CloudTech sector.
With this strategic move, the company transforms into a comprehensive digital landscape hub, providing solutions from Digital Identity to Cloud Infrastructure and Marketing & Advertising services.
Hirenkumar Shah, Promoter & Whole Time Director of Vertoz Advertising Limited, expresses excitement about the merger, emphasizing the commitment to offering comprehensive solutions. The addition of QualiSpace and ConnectReseller positions Vertoz to cater to diverse digital needs.
Ashish Shah, Promoter & Director, Vertoz Advertising Limited, sees the merger as an opportunity for growth and expansion. Integrating QualiSpace and ConnectReseller aligns with the vision of driving innovation and delivering value across MadTech and CloudTech sectors.
Post-merger, Vertoz stands as an AI-powered MadTech and CloudTech platform, providing Digital Advertising and Monetization as well as Digital Identity and Cloud Infrastructure services to various entities in the digital landscape, according to The Free Press Journal.
(Finance World and The Free Press Journal have published the article under a mutual content partnership arrangement.)