Announced
Completed
Synopsis
SES-imagotag-backed Captana, a computer software company, completed the acquisition of Belive.ai, a French company that specialize in artificial intelligence and computer vision for physical retail. Financial terms were not disclosed. “We are delighted to welcome Belive.ai’s staff members and the company’s founders, Aurélien and David, to Captana. Artificial intelligence and store shelf computer vision in real-time constitute a very promising technological base for improving the operating efficiency of retail and reduce in-store waste. As we develop across many markets, initial feedback from our customers indicates that significant improvements are being made in terms of on-shelf availability, sales, client satisfaction, employee efficiency, and the quality of data on in-store inventory in the information systems. With Belive.ai, we wish to accelerate the development of our artificial intelligence platform and computer vision for retail in order to drive our growth and offer the best technology to our clients,” Michael Unmussig, Captana CEO.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.