Gorilla Technology Group is a privately owned Taiwanese company founded in 2001. Employing approximately 150 people as of 2023, it provides IT services and consulting, specializing in video intelligence and Internet of Things (IoT) technology. Its services support various applications including smart retail, enterprise surveillance, city security, and broadcast media, focusing on video-centric and content management solutions.
Gorilla Technology Group Inc. announced a three-year, $1.4 billion contract with Freyr, a Singapore-based company, to build AI-driven data centers in Indonesia, Malaysia, and Thailand. This contract was reported on multiple occasions. Following the announcement, the company's stock surged 15%. Separately, Gorilla Technology Group Inc. experienced improved financial stability due to secured funding and a growing backlog, leading to a "Buy" rating upgrade for its stock.
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