Deal snapshot: Guardforce AI Closes Acquisition of Beijing Wanjia Security System Co.

MANews-(C)2009-2022

US-based security solutions provider Guardforce AI Co., Ltd (NASDAQ: GFAI) has acquired Chinese alarm security solution provider Beijing Wanjia Security System Co., Ltd. from Shenzhen Yeantec Co., Ltd. for approximately USD 8.4m, the company said.

BJWJ is an integrated alarm security solution provider with more than 25 years of experience and a well-established customer...

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