Nosto, a Helsinki, Finland-based provider of a Commerce Experience Platform (CXP), acquired Findologic, a Salzburg, Austria-based provider of an AI-powered product discovery platform.
The amount of the deal was not disclosed.
With the acquisition, Nosto will accelerate product development roadmap with access to new talent and technologies.
Led by Matthias Heimbeck, Founder and CEO, Findologic is an ecommerce search company operating in Germany, Austria, and Switzerland (DACH), empowering product discovery through its AI-powered platform for customers including Carrera Toys, Calumet Photographic, Alpha Industries, ASMC, and Kitlocker.
Led by CEO Jim Lofgren, Nosto provides an AI-Powered Commerce Experience Platform that enables online brands to deliver authentic, relevant, and personalized experiences at every touchpoint, across every device. It empowers brands to build, launch, and optimize digital experiences without the need for dedicated IT resources or a lengthy implementation process. Brands in over 100 countries including Carrera Toys, Calumet Photographic, Alpha Industries, ASMC, and Kitlocker. currently use Nosto. The company supports clients from its offices in New York, Los Angeles, London, Paris, Berlin, Stockholm, Sydney, Kaunas and Helsinki.
FinSMEs
26/12/2022