ET 09:24

Everpure (P) rises after closing 1touch acquisition to expand AI data capabilities

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Everpure shares rose 11.6% in afternoon trading on May 14, 2026, after the data storage company said it completed its acquisition of 1touch, a data intelligence and orchestration company, to strengthen its artificial intelligence capabilities. The company said 1touch’s technology will help enterprises organize and classify data for AI use. Everpure also announced new capabilities for Red Hat OpenShift users, extending its data management tools for AI workloads. The stock is up 25.3% in 2026 and recently traded at $86.47, 12.4% below its 52-week high of $98.70 reached in October 2025. The move follows strong investor interest in AI infrastructure and data storage providers. Everpure shares have been volatile, with 21 moves of more than 5% over the past year.

EditorLim