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Gorilla Technology Concludes Legal Action Against Culper Research via Settlement Agreement
Newsfileยท 2025-07-21 12:00
Core Viewpoint - Gorilla Technology Group Inc. has resolved its litigation with Culper Research through a confidential non-monetary settlement, allowing the company to focus on its growth strategy and operational results [1][2][3] Company Developments - The company has an active pipeline exceeding $5.6 billion and has secured new capital while expanding its global customer base [2][3] - Gorilla's first quarter earnings, released on June 18, 2025, demonstrate continued momentum and operational progress [3] Industry Position - Gorilla Technology Group is a global solution provider specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, serving various sectors including Government, Manufacturing, Telecom, Retail, Transportation, Healthcare, and Education [4][5] - The company leverages AI and Deep Learning technologies to enhance urban operations, security, and resilience, focusing on intelligent video surveillance, facial recognition, and advanced cybersecurity [5]