Xylo: Gix Internet Signed MOU for Investment and Merger with an AI- Robotics Company
MDGSMedigus(MDGS) Newsfilter·2024-06-06 21:27

TEL AVIV, Israel, June 06, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo"), a technology-based company engaged in advanced innovative technologies, announced today that Gix Internet Ltd. ("Gix") (45.75% owned by Xylo) (TASE: GIX), signed a non-binding memorandum of understanding (MOU) with the shareholders of a robotics company specializing in artificial intelligence (AI) autonomous robotics solutions, mainly for logistics distributions in certain medical centers ("Robotics Company"). ...