Built Cybernetics to Purchase Ecolibrium

05:15 AM EDT, 10/08/2026 (MT Newswires) -- Built Cybernetics (BUC.L) agreed to buy artificial intelligence platform developer Ecolibrium via a reverse triangular merger, according to a Thursday release. The British smart buildings group said the transaction will be settled through the issue of 32,270,637 consideration shares to certain shareholders of the target company. The company expects to conclude the deal by Dec. 7, subject to requirements and shareholder approval. As part of the agreement, Built Cybernetics will also settle certain debts of the target company at the merger's conclusion.