Sold – Ai Related Intellectual Property Assets Of Stact Tech Pty Ltd And Winterlong Project Services Pty Ltd (both In Liquidation).
Business Sold Sydney, New South Wales 2000
Business Category Computer IT
SOLD
Description
Sold – Ai Related Intellectual Property Assets Of Stact Tech Pty Ltd And Winterlong Project Services Pty Ltd (both In Liquidation).
All Offers will be considered. Expression of Interest to close at 2pm on Wednesday May 15, 2024.
Business ID: XB158276
STACT Technology developed the unique AI model to reduce the time, cost and manpower involved in understanding contract obligations. The AI model allows streamlining of a Contract review process to have a clear understanding of the contractual obligations of each party. This expedites the review process, removes human error or bias, and allows human professionals to focus on making educated, informed decisions from the information extracted. The AI model identifies any contractual problems or concerns, reduces overall business exposure, and supports the team so that they can focus on the overall goals and outcomes. Winterlong was complementary consulting business that also had intellectual property registered in its name.
Alan Hayes of Hayes Advisory was appointed as the Liquidator of Stact Tech Pty Ltd and Winterlong Project Services Pty Ltd (both in liquidation) on 20 August 2023. The appointment was precipitated due to the ill health of the sole director. The business ceased trading in July 2023.
Assets for Sale are:
1. Business Name: Stact AI
Company Name: Stact Tech Pty Ltd
2. Documentation: Any related IP documentation and electronic material.
3. Database/s: There is a target customer listing, being second tier building and construction companies.
4. Subscriptions • Adobe API for identifying and extracting keywords from contracts.
• GitHub, code hosting platform for version control and collaboration.
• GitLab, code repository and platform for DevOps and DevSecOps projects.
• Jira, project planning and tracking tools
5. Server: Virtual server (AWS)
6. Website: Source Code and Hosting for Stact Tech only.
7. Domain Names: XXXXXXXXXX ; XXXXXXXXXX
8. Trademark: 2034119; 2034433
9. Logo
10. Social Media accounts: LinkedIn 356 Followers
The Opportunity
By acquiring the Assets of Stact Tech Pty Ltd and Winterlong Project Services Pty Ltd (both in liquidation) the new owner has the option to either restart trading as is or bolt into an existing offering.
The Assets are FOR SALE by EXPRESSION OF INTEREST.
ALL OFFERS WILL BE CONSIDERED, TO BE FORWARDED to XCLLUSIVE BUSINESS SALES for consideration in the first instance.
CLOSING DATE Wednesday May 15, 2024, at 2PM.
Contact Xcllusive Business Sales for further information. The Liquidator may request further information from interested parties before providing additional details on the Assets.
Property Code: 3889
Business ID: XB158276
STACT Technology developed the unique AI model to reduce the time, cost and manpower involved in understanding contract obligations. The AI model allows streamlining of a Contract review process to have a clear understanding of the contractual obligations of each party. This expedites the review process, removes human error or bias, and allows human professionals to focus on making educated, informed decisions from the information extracted. The AI model identifies any contractual problems or concerns, reduces overall business exposure, and supports the team so that they can focus on the overall goals and outcomes. Winterlong was complementary consulting business that also had intellectual property registered in its name.
Alan Hayes of Hayes Advisory was appointed as the Liquidator of Stact Tech Pty Ltd and Winterlong Project Services Pty Ltd (both in liquidation) on 20 August 2023. The appointment was precipitated due to the ill health of the sole director. The business ceased trading in July 2023.
Assets for Sale are:
1. Business Name: Stact AI
Company Name: Stact Tech Pty Ltd
2. Documentation: Any related IP documentation and electronic material.
3. Database/s: There is a target customer listing, being second tier building and construction companies.
4. Subscriptions • Adobe API for identifying and extracting keywords from contracts.
• GitHub, code hosting platform for version control and collaboration.
• GitLab, code repository and platform for DevOps and DevSecOps projects.
• Jira, project planning and tracking tools
5. Server: Virtual server (AWS)
6. Website: Source Code and Hosting for Stact Tech only.
7. Domain Names: XXXXXXXXXX ; XXXXXXXXXX
8. Trademark: 2034119; 2034433
9. Logo
10. Social Media accounts: LinkedIn 356 Followers
The Opportunity
By acquiring the Assets of Stact Tech Pty Ltd and Winterlong Project Services Pty Ltd (both in liquidation) the new owner has the option to either restart trading as is or bolt into an existing offering.
The Assets are FOR SALE by EXPRESSION OF INTEREST.
ALL OFFERS WILL BE CONSIDERED, TO BE FORWARDED to XCLLUSIVE BUSINESS SALES for consideration in the first instance.
CLOSING DATE Wednesday May 15, 2024, at 2PM.
Contact Xcllusive Business Sales for further information. The Liquidator may request further information from interested parties before providing additional details on the Assets.
Property Code: 3889
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