logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Vision Group Retail acquires HIVERY for advanced AI retail assortment solutions

Jan 14, 2025•11 months ago

Acquiring Company

Vision Group Retail

Acquired Company

HIVERY

ChantillySurry HillsRetailMachine LearningSaasArtificial IntelligenceSoftware

Description

Vision Group Retail, a leader in AI and computer vision technology, has acquired HIVERY, a leading provider of advanced AI retail assortment simulations for predictive ROI. This acquisition signifies Vision Group's commitment to providing customers with end-to-end retail management capabilities and AI-powered solutions to optimize space and category management activities.

Company Information

Company

Vision Group Retail

Location

Chantilly, Virginia, United States

About

Vision Group is a leading multinational conglomerate of technology companies providing end-to-end IoT, AI, and image recognition SaaS solutions for retailers, CPG brands, wholesalers, and shoppers. By building and scaling innovative retail solutions, Vison Group elevates shopper experiences and seamlessly uncovers growth strategies to optimize retail execution and revenue. As the leading provider of product images and attribute data, the company offers a syndicated image library containing over 1 million SKUs for boosting planogram and category management efficiency. Solutions include Store360 App, EZPOG, PDFtoPOG, PicToPOG, OmniPIX, and others to help CPG manufacturers and retailers manage portfolios, analyze in-store conditions, track product performance, and optimize merchandising strategies.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed