AISaaStrabout 1 hour ago
Ada Sells to Dialpad for $430M in Stock
6 min read
Toronto-based Ada agreed to merge with U.S. company Dialpad in an all-share deal valuing the Canadian enterprise at around $600-million, or about US$430-million. This marks a steep decline from Ada's USD $1.2-billion pandemic-era valuation. Dialpad CEO Craig Walker will serve as CEO, while Ada CEO Mike Murchison becomes Chief AI Officer.
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