ADA Acquires Algonomy for Retail AI Decisioning
ADA has completed its acquisition of Algonomy, a retail AI decisioning company, the company announced in a press release.
The deal adds Algonomy's personalization, merchandising, and supply chain intelligence tools to ADA's intelligent growth platform. ADA said the combined business now reaches 34 markets across APAC, the United States, MENA, and Europe.
Algonomy serves more than 400 brands with AI systems for retail decisioning across commerce, marketing, merchandising, and supply chain operations.
After the acquisition, Algonomy customers will keep access to its products, solutions, and teams. The combined business will operate worldwide under the ADA brand.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Nov 12 Adobe Express AI Editing Is Coming to Microsoft Photos Nov 12 Lloyd's Register Expands Maritime AI Readiness Index Nov 11 Databricks Updates Genie for Multistep Business Tasks Nov 11 Optum and Alameda Alliance Partner on AI Claims Automation Nov 11 INVE Technologies Partners With Trackonomy on Physical AI SoftwareMore from Funding
Nov 12 Octave Acquires Cerebre for Industrial AI Plant Models Nov 11 StitchStudio raises $8M for insurance AI products Nov 11 Stage 2 Capital Closes $100 Million for B2B AI Investments Nov 11 Enza Capital secures $21 million for African AI fund Nov 11 Goldman Sachs Forecasts Anthropic Revenue of $685 Billion by 2030AI Funding Brief
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
ALLOX Raises $10.5 Million for AI Drug Discovery Platform
Dialpad Agrees to Combine With Ada at $430 Million Valuation
Azra AI Acquires Blackford Analysis
OpenAI acquires Orchestra Bio to bring AI agents into drug development
Arda Raises $230 Million at $1.5 Billion Valuation
Daily AI Brief: the AI news that matters, in your inbox.