Symphony RetailAI Acquires ReTech Labs
October 27, 2021
Symphony RetailAI has acquired ReTech Labs, a SaaS provider of real-time shelf image capture and computer-vision recognition technology, to integrate ReTech's Rebotics into its Customer INsights and Decision Engine (CINDE). The acquisition creates an AI- and cloud-based closed-loop category planning and shelf intelligence solution for retailers and CPG manufacturers; ReTech will operate as an independent division led by founder Abhi Beniwal.
- Buyers
- Symphony RetailAI
- Targets
- ReTech Labs
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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