Announced
Completed
Synopsis
Bluecore, a retail technology company, completed the acquisition of alby, an AI shopping assistant company. Financial terms were not disclosed. “Conversational commerce is only the beginning of our vision for alby. Through this acquisition, we’ll be able to equip retailers with a capability they’re eager to offer shoppers right now. But alby’s role as a Shopping Assistant is only one of many it will play. The AI at its core is built to learn skills and over time it will learn new ones that address needs that retailers don’t even know they will have around marketing, merchandising and support,” Fayez Mohamood, Bluecore CEO.
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