Sonasoft (SSFT) Completes Acquisition of Artificial Intelligence (AI) Company, OPtimAIze, Inc.

San Jose, California, Oct. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sonasoft Corp. (OTCQB: SSFT), a leader in innovative artificial intelligence (AI) and data management solutions, today announced that it has completed the acquisition of OPtimAIze, Inc., an Artificial Intelligence software company that focuses on AI solutions for software product engineering teams. Sonasoft now has the solution to establish itself as a leading provider of AI for software product development. According to the analysts at Statista the enterprise software market alone had a global market size of over $457 billion in 2019. IDC also forecasted that worldwide spending on artificial intelligence (AI) will reach $776 billion by 2022. Sonasoft is well-positioned to gain significant market share in a large existing market that is poised to accelerate with an anticipated adoption of AI.