AI-assisted, human-published

03/13/2024 /M & A

Tronic Ventures Acquires JBB Advanced Technologies' Subsidiary Tronic for $12.25 Billion

business merger
AI-assisted, human-published

Business mogul John B. Billingsley, CEO of JBB Advanced Technologies, and attorney Christina Marshall have announced the sale of JBB's subsidiary, Tronic, to Marshall's Tronic Ventures for $12.25 billion.

 

Tronic specializes in developing Web3 gamification technology to improve online engagement and loyalty. The platform utilizes distributed ledger, AI optimization, and blockchain to create personalized interactive experiences for various industries. Billingsley expressed confidence in Marshall's ability to grow Tronic into a multi-billion-dollar business. Marshall highlighted the global impact of Web3 on digital marketing, emphasizing its ability to bridge physical and digital environments.

 

Read the full press release here.

 

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