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Scandit acquires shelf audit automation technology from MarketLab to strengthen retail shelf intelligence capabilities

PRIVATEAug 21, 2024

Acquiring Company

Scandit

Acquired Company

MarketLab

ZurichŁódźSoftwareData And AnalyticsSoftwareArtificial Intelligence

Description

Scandit, the leader in smart data capture, has announced the asset acquisition of shelf audit automation technology from MarketLab. This acquisition aims to enhance Scandit's retail shelf intelligence solution by integrating MarketLab's expertise in fixed camera solutions with Scandit's existing mobile capture approach. The combined hybrid data capture approach will empower retailers to maximize sales, optimize on-shelf performance, and gain valuable insights into store conditions.

Quick answer

Scandit is acquiring MarketLab, announced August 21, 2024. Scandit is based in Zurich, Zurich, Switzerland.

How much did Scandit pay for MarketLab?
The deal value was not disclosed.
What does Scandit do?
Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes.
Where are Scandit and MarketLab based?
Scandit is based in Zurich, Zurich, Switzerland. MarketLab is based in Łódź, łódź Voivodeship, Poland.
Who are the decision-makers at Scandit?
Fundz holds 1 contact at Scandit. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Scandit

Location

Zurich, Zurich, Switzerland

About

Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes. Our Smart Data Capture platform enables smart devices, such as smartphones, drones, digital eyewear and robots to interact with physical items by capturing data from barcodes, text, IDs and objects with unmatched speed, accuracy and intelligence. Scandit accurately scans up to 3x faster than dedicated scanners in challenging light or at angles, on damaged labels, across multiple codes on any smart device.

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Frequently asked

Who acquired MarketLab?

MarketLab was acquired by Scandit, based in Zurich. The deal was reported on August 21, 2024. Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes. Scandit is privately held and operates in Software.

When did Scandit acquire MarketLab?

Scandit's acquisition of MarketLab was reported on August 21, 2024. Scandit, the leader in smart data capture, has announced the asset acquisition of shelf audit automation technology from MarketLab. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MarketLab do?

MarketLab is the symbol of revolution in the retail industry. We create breakthrough technological solutions that bring successful sales results to our clients. It is privately held, operating in Software, and is based in Łódź.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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