Symmetry Group to acquire US AI-driven firm

As part of its investment plan, Symmetry Group Limited has executed a Share Purchase Agreement (SPA) to acquire LogoDesignGuru (LDG), a US-based digital branding and technology firm. The company informed the Pakistan Stock Exchange (PSX) on Wednesday.According to a notice, LDG operates AI-powered design platforms, digital asset marketplaces, and hybrid design-service models serving international customers. The US-based company was expected to generate revenue of approximately $0.7 million, i.e. Rs200 million, during the current year and is currently generating a healthy level of profitability, informed Symmetry. “Post-acquisition, earnings are expected to improve further through cost optimisation, operational efficiencies, and revenue growth initiatives, with revenues projected to grow at a healthy year-on-year rate.