Zebra Technologies to Acquire Antuit.ai

Zebra Technologies (NASDAQ: ZBRA), a Lincolnshire, IL-based provider of performance edge solutions, is to acquire antuit.ai, The amount of the deal – subject to customary closing conditions, including regulatory approval and expected to close in 2021 – was not disclosed. AI-powered demand forecasting solution into Zebra's SaaS portfolio will enable retailers and consumer products companies to combine planning and execution to optimize margins and drive revenue growth. The system enables retailers to deliver on their omnichannel strategy by increasing margins with effective prices and promotions, as well as optimizing inventory allocations and order fulfillment. With the platform, consumer products companies can maximize forecast accuracy; anticipate consumer demand to meet retailers' service level, shelf-level, store-level, and e-commerce orders; optimize pricing and trade promotions; and unify sales, trade and demand planning.