Algonomy, an AI and algorithmic decisioning software provider, completed the acquisition of Linear Squared, a cloud based technology company. Financial terms were not disclosed. "The intended acquisition would allow Algonomy to augment its product offering for consumer products and grocery retail industry segments by integrating Linear Squared's best of breed demand planning and forecasting product technology into Algonomy's retail merchandising and supply chain solutions portfolio. It would also allow Algonomy to meet its objective of quickly and efficiently scaling up its AI technology operations by setting up a highly skilled AI & ML Engineering Center of Excellence in Sri Lanka," Atul Jalan, Algonomy Founder & CEO.