Zebra Technologies Acquires Profitect Inc.
May 20, 2019
Zebra Technologies announced it will acquire Profitect Inc., a provider of prescriptive analytics and machine‑learning solutions for retail and CPG, to expand Zebra's Intelligent Edge and Enterprise Asset Intelligence capabilities. The acquisition brings Profitect's technology and talent into Zebra's Savanna data platform; financial terms were not disclosed and the deal was expected to close in Q2 2019 subject to customary conditions.
- Buyers
- Zebra Technologies Corporation
- Targets
- Profitect Inc.
- Industry
- Data & Analytics
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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