Algonomy Announces Intent To Acquire The Business Of Linear Squared, Ai-Powered Retail And Cpg Demand Planning & Forecasting Provider
RECENTLY ACQUIREDJan 05, 2022
Acquiring Company
Algonomy
Acquired Company
Linear SquaredRetail
San FranciscoInformation TechnologySoftwareData And AnalyticsCommerce And Shoppinginformation technology & services
Description
Algonomy, a leader in AI and Algorithmic Decisioning software for retail and consumer verticals, today announced its intent to acquire the business of Colombo based Linear Squared, a cloud based technology company specialized in building demand planning and forecasting products using artificial intelligence and machine learning technologies for CPG, grocery retail industry and other target industries. The proposed acquisition is subject to corporate and regulatory approvals.
Company Information
Company
Algonomy
Location
49 Stevenson St
San Francisco, California, United States
About
Algonomy (previously Manthan-RichRelevance) empowers leading brands to become digital-first with the industry's only real-time Algorithmic Decisioning platform that unifies data, decisioning and orchestration across marketing, digital commerce and merchandising for the retail industry. With industry-leading retail AI expertise connecting demand to supply with a real-time customer data platform as the foundation, Algonomy enables 1:1 omnichannel personalization, customer journey orchestration & analytics, merchandising analytics and supplier collaboration. Algonomy is a trusted partner to more than 400 leading retailers, consumer brands, quick serve restaurant chains, convenience stores and more, with a global presence spanning over 20 countries. More at algonomy.com
Fundz sees it the moment Algonomy makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Linear SquaredRetail was acquired by Algonomy, based in San Francisco. The deal was reported on January 5, 2022. Algonomy is privately held and operates in Information Technology.
When did Algonomy acquire Linear SquaredRetail?
Algonomy's acquisition of Linear SquaredRetail was reported on January 5, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Linear SquaredRetail do?
Linear SquaredRetail is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
San FranciscoInformation TechnologySoftwareData And AnalyticsCommerce And Shoppinginformation technology & services