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Announced

Capillary Technologies to acquire Kognitiv.

Synopsis

Capillary Technologies, an AI-powered loyalty management company, agreed to acquire Kognitiv, a software company. Financial terms were not disclosed. "This acquisition represents a pivotal moment in Capillary's journey to change how brands build meaningful customer relationships. Kognitiv's expertise in omnichannel loyalty solutions and their presence in North America complements our global expansion strategy. Together, we aim to deliver innovative and effective loyalty solutions that create genuine value for both brands and their customers," Aneesh Reddy, Capillary Technologies Co-founder and CEO.

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