Neptune Retail Solutions, an omnichannel retail marketing firm, has agreed to acquire Quotient Technology, a digital promotions and media technology company, in an all-cash deal worth around $430 million. The transaction has been endorsed by the New York Stock Exchange (NYSE)-listed Quotient Technology’s board of directors following an extensive review process to optimize shareholder value. […]
Quotient acquisition of Ubimo : Quotient Technology, a retail marketing technology provider, has acquired Israeli SaaS location intelligence company Ubimo for an undisclosed price, as per the latest retail technology news. Ubimo is said to use advanced artificial intelligence (AI) technologies to combine behavioral data on 150 plus million monthly active users with its geographic-indexing […]
Sorted Group, a UK-based software as a service (SaaS) business, has secured £15 million in a Series B funding, taking the firm’s total funding to over £35 million since its inception in 2010. The investment is expected to help Sorted develop its technology and pave the way for overseas expansion. Alongside Praetura Ventures and NVM […]
Brazilian retail chain Lojas Americanas has struck a deal with Zippin to deploy the latter’s checkout-free technology in its stores across Brazil, as per the latest retail technology news. Lojas Americanas has been piloting Zippin’s checkout-free technology for nearly four months at a store in Rio de Janeiro. The next Lojas store to have the […]
Retail technology news : Australian supermarket company Coles Group has entered into a long-term digital transformation partnership with Accenture to save costs of up to AUD 1 billion over the next four years through the launch of new technology. The agreement is the latest in a series of global partnerships and developments through which the […]