Digital Wave Technology, a Ponte Vedra, FL-based provider of an AI-powered experiences for retailers and brands, acquired GoalProfit, and Austin, TX and Helsinki, Finland-based Al & optimization solutions company.
The amount of the deal was not disclosed.
With the acquisition, Digital Wave Technology will expand its offerings.
Led by CEO Maxim Morozov and Oleg Sidorkin, CTO, GoalProfit is a SaaS provider of a low-code retail optimization platform empowering retailers to build customized intelligence applications.
Led by CEO Lori Schafer, Digital Wave Technology assists brands and retailers in accelerating omnichannel growth and direct-to-consumer digital sales, marketing, and merchandising. Its Enterprise-class AI-powered Omni-Experience Platform unifies the entire product journey from item creation, product information enrichment, management, syndication (PIM/MDM), planning, pricing, and merchandising. Digital Wave allows brands and retailers to centralize, organize, enrich, merchandise, and publish product content easily and efficiently, resulting in improved conversions and speed-to-market, increased channel distribution, lower returns, and labor costs, improved collaboration among internal teams and suppliers, and a more compelling customer experience.
FinSMEs
06/03/2023