Digital Alpha Acquires Majority Stake in DTiQ
December 9, 2021
Digital Alpha led a majority investment (reported at $200M) to acquire a controlling stake in DTiQ, the provider of AI-driven video intelligence, analytics and managed services for restaurants, convenience stores and specialty retail. The deal includes a strategic collaboration with Cisco Meraki to extend DTiQ's cloud, AI and automation capabilities and accelerate product and market expansion.
- Buyers
- Digital Alpha
- Targets
- DTiQ
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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