Zebra Technologies Plans To Acquire Antuit.ai - Quick Facts

(RTTNews) - Zebra Technologies (ZBRA) announced Monday that it intends to acquire 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.

Antuit.ai, owned by a consortium led by Goldman Sachs Asset Management, utilizes AI and machine learning algorithms to ensure its customers have the right product in the right place, at the right time, at the right price based on the current state of the supply chain, store inventory, and consumer demand.

Incorporating antuit.ai's AI-powered demand forecasting solution into Zebra's SaaS portfolio will enable retailers and consumer products companies to combine planning and execution to optimize margins and drive revenue growth.

Antuit.ai enables retailers to deliver on their omnichannel strategy by increasing margins with effective prices and promotions, as well as optimizing inventory allocations and order fulfillment.

With antuit.ai, consumer products companies can maximize forecast accuracy; anticipate consumer demand to meet retailers' service level, shelf-level, store-level, and e-commerce orders; optimize pricing and trade promotions; and unify sales, trade and demand planning.

Antuit.ai will be the third SaaS company acquired by Zebra that has been recognized as a top solution provider in the RIS Software Leaderboard over the last two years.