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Zebra Technologies Completes Acquisition of Antuit.ai

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Rhea-AI Summary

Zebra Technologies Corporation (NASDAQ: ZBRA) has successfully finalized its acquisition of antuit.ai, a leading provider of AI-powered SaaS solutions for forecasting and merchandising in the retail and consumer packaged goods sectors. This strategic acquisition aims to enhance Zebra's capabilities in offering advanced analytics and decision-making tools, supporting businesses in optimizing inventory and improving customer experiences. The integration is expected to increase market competitiveness and drive future growth.

Positive
  • Strategic acquisition of antuit.ai enhances AI capabilities.
  • Integration expected to optimize inventory management.
  • Strengthens position in retail and CPG sectors.
Negative
  • None.

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the front line of business with solutions and partners that deliver a performance edge, today announced it has completed its acquisition of antuit.ai, a provider of artificial intelligence (AI)-powered Software-as-a-Service (SaaS) solutions specific to forecasting and merchandising for the retail and CPG industries.

ABOUT ZEBRA TECHNOLOGIES

Zebra (NASDAQ: ZBRA) empowers the front line in retail/ecommerce, manufacturing, transportation and logistics, healthcare, public sector and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, Zebra delivers industry-tailored, end-to-end solutions to enable every asset and worker to be visible, connected and fully optimized. The company’s market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. In 2020, Zebra made Forbes Global 2000 list for the second consecutive year and was listed among Fast Company’s Best Companies for Innovators. For more information, visit www.zebra.com or sign up for news alerts. Participate in Zebra’s Your Edge blog, follow the company on LinkedIn, Twitter and Facebook, and check out our Story Hub: Zebra Perspectives.

Investor Contact:

Mike Steele, CFA, IRC

Zebra Technologies

+1-847-793-6707

msteele@zebra.com

Media Contact:

Therese Van Ryne

Zebra Technologies

+1-847-370-2317

therese.vanryne@zebra.com

Source: Zebra Technologies Corporation

FAQ

What did Zebra Technologies announce on October 7, 2021?

Zebra Technologies announced the completion of its acquisition of antuit.ai.

What is the significance of Zebra's acquisition of antuit.ai?

The acquisition enhances Zebra's AI capabilities in forecasting and merchandising for retail and CPG industries.

How does the acquisition impact Zebra's market position?

The integration is expected to improve inventory optimization and strengthen Zebra's competitiveness.

What technology does antuit.ai provide?

antuit.ai offers AI-powered Software-as-a-Service (SaaS) solutions focused on forecasting and merchandising.

Zebra Technologies Corporation

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Communication Equipment
General Industrial Machinery & Equipment
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United States of America
LINCOLNSHIRE