Coveo completed the acquisition of Qubit.

Coveo, a relevance platform and applied AI that transforms digital experiences with AI-powered search, recommendations, and personalization, completed the acquisition of Qubit, a company in AI-powered personalization technology for merchandising teams. Financial terms were not disclosed. “Qubit’s IP and expertise comes at a perfect time as enterprises turn to AI-driven solutions to provide highly relevant responses, offers and recommendations to their customers at scale. Adding Qubit’s capabilities to the Coveo Relevance Cloud™ platform helps us accelerate the delivery of new incremental innovations to further personalize digital commerce experiences,” Louis Têtu, Coveo Chairman and CEO.