Akeneo, a Boston, MA-based product experience (PX) company and provider of product information management (PIM) solutions, acquired Unifai, a Paris, France-based provider of an artificial intelligence (AI) data platform.
The amount of the deal was not disclosed.
With the acquisition, Akeneo will expand its Product Cloud offering to further elevate product experiences for brands, manufacturers, retailers and distributors globally.
Led by CEO Jesse Créange, Unifai is an artificial intelligence (AI) platform for data collection, cleansing, categorization and enrichment pioneered by experts in AI and machine learning (ML). It solves three core challenges in the product data collection and cleansing step:
- Supplier data onboarding – cleansing, normalizing and enriching supplier files into PIM systems (like Akeneo) in order to increase productivity, speed time to market and increase product searchability;
- Supplier pricing integration – turning supplier pricing files into PX ready data-feeds through a uniform and centralized workflow feeding simultaneously ERP and PIM softwares, thus increasing productivity and reducing errors;
- Marketplace seller onboarding – cleansing and enriching supplier data into marketplace back office systems, which helps marketplaces with their seller data onboarding, reduces manual errors and accelerates time to market.
Led by CEO and Founder Fred de Gombert, Akeneo is a product experience (PX) company, enabling organizations to build and deliver product experiences across customers touchpoint through a comprehensive PX Strategy. By providing technology and expertise, its intelligent product cloud accelerates growth, reduces time-to-market, and gives organizations the competitive edge needed to convert browsers into buyers.
Brands, manufacturers, distributors, and retailers, including Chico’s, The Very Group, TaylorMade Golf, Rail Europe, Kering, and more, use Akeneo to scale and customize their omnichannel commerce initiatives.
FinSMEs
20/09/2023