Zebra Technologies announces intent to acquire antuit.ai

Zebra Technologies is set to acquire antuit.ai, a provider of artificial intelligence powered SaaS solutions specific to forecasting and merchandising for the retail and CPG industries.

Terms of the deal were not disclosed.

Antuit.ai, owned by a consortium led by Goldman Sachs Asset Management, utilises AI and machine learning algorithms to ensure its customers have the right product in the right place, at the right time, at the right price based on the current state of the supply chain, store inventory, and consumer demand.

“Through its synergies with our retail store execution portfolio, the acquisition of antuit.ai will further drive our ability to bring the power of AI to our customers, and meet the demands of today’s consumer,” says Anders Gustafsson, CEO at Zebra Technologies.

“It will also enable us to offer our customers in the CPG industry an analytics, AI and automation solution that supports more efficient planning and operations with greater visibility across the supply chain.”

Antuit.ai will be the third SaaS company acquired by Zebra that has been recognised as a top solution provider in the RIS Software Leaderboard over the last two years.

It will serve as the planning and demand forecasting module within Zebra’s retail software portfolio, alongside the analytics and execution solutions currently delivered by Zebra Prescriptive Analytics (ZPA, formerly Profitect) and Reflexis’ Workforce Management and Task Management offerings.

“Our AI solutions will influence planning and bridge the gap to execution, enhancing Zebra’s retail and CPG solutions that address associate productivity and inventory management,” says Co-CEO Yogesh Kulkarni of antuit.ai.

Featured