In the framework of the strategic equity deal, ClearSky Network has acquired the issuance of up to 30% of the equity of Zing Brain AI.
Zing Brain’s main product is its artificial intelligence-based software, which analyzes users’ behavior and makes recommendations aimed at improving clients’ experience and increasing loyalty.
Commenting on the news, Christodoulos Christodoulou, director of ClearSky Network, noted: “We are very pleased to have signed a strategic equity deal with Zing Brain, which has developed an exciting platform for enhanced performance by online customers, and are looking forward to leverage our knowledge and connections in the online marketing and igaming spaces to increase awareness about Zing Brain’s state-of-the-art solutions.”
Also in response to the news, Vladislav Artemyev, Co-Founder and CEO of Zing Brain, said: “Today we are excited to join forces with Clearsky and we are looking forward to disrupt the iGaming market with our new AI system – ZingBrain AI. We believe that our cutting edge technologies multiplied by ClearSky’s deep expertise and network in iGaming – is a perfect and well-balanced recipe to success. Stay tuned – we are ready to put more Zing to iGaming!”