StocksMedium•5 November 2026•
1 min read
CombinedX Divests Enqore at 10x EBITA to Fund AI Expansion
Key Facts
1CombinedX announced the divestiture of its subsidiary Enqore at a valuation of 10x EBITA.
2The company plans to earmark the proceeds from the sale for further investments in artificial intelligence.
CombinedX announced the divestiture of its subsidiary Enqore at a valuation of 10x EBITA. Benzinga reported that the company plans to earmark the proceeds from the sale for further investments in artificial intelligence.
This strategic move aligns with CombinedX's goal to expand its footprint in the AI sector by pivoting capital away from subsidiary holdings. The valuation achieved in the divestiture reflects the company's focus on raising capital to accelerate its technology-driven growth initiatives.