Add-on Acquisition • Business Services

antuit.ai Acquires Prognos

On April 14, 2015, antuit.ai acquired business services company Prognos

Acquisition Context
  • This is antuit.ai’s 2nd transaction in the Business Services sector.
  • This is antuit.ai’s 2nd transaction in the United States.
  • This is antuit.ai’s 1st transaction in Illinois.

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M&A Deal Summary

Date April 14, 2015
Target Prognos
Sector Business Services
Buyer(s) antuit.ai
Deal Type Add-on Acquisition

Target Company

Prognos

Oak Park, Illinois, United States
Prognos, Inc. is an analytics company specializing in the retail and consumer package goods (CPG) sector. Prognos is focused on demand forecasting, lifecycle pricing and customer insight.
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Buyer Overview 1

Buyer

antuit.ai

Frisco, Texas, United States

Category Company
Founded 2013
Sector Software
DESCRIPTION

antuit.ai is a provider of artificial intelligence (AI)-powered Software-as-a-Service (SaaS) solutions specific to forecasting and merchandising for the retail and CPG industries. antuit.ai offers solutions that inform the most important business decisions, from supply chain to merchandising to marketing, empowering world-class retailers and consumer products companies to digitally transform their businesses to achieve substantial business results. antuit.ai was founded in 2013 and is based in Frisco, Texas.


Deal Context for Buyer #
Overall 2 of 5
Sector: Business Services 2 of 2
Type: Add-on Acquisition 2 of 4
State: Illinois 1 of 1
Country: United States 2 of 3
Year: 2015 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-09 Marketwell

Tivoli, New York, United States

Marketwell, Inc. is a provider in delivering prescriptive analytical solutions that allow companies to optimize profit and growth. Using our domain expertise and our suite of analytical services and tools, we support the key activities of targeting, acquiring, understanding, retaining, and collaborating with Customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 AuriQ Systems Co.

Tokyo, Japan

AuriQ Systems Co. Ltd. is a provider of data management software solutions in Japan.

Buy -