M&A Deal Summary

Scandit Acquires Market Lab

On August 21, 2024, Scandit acquired information technology company Market Lab

Acquisition Highlights
  • This is Scandit’s 1st transaction in the Information Technology sector.
  • This is Scandit’s 1st transaction in Poland.

M&A Deal Summary
Date 2024-08-21
Target Market Lab
Sector Information Technology
Buyer(s) Scandit
Deal Type Add-on Acquisition

Target

Market Lab

Lodz, Poland
Market Lab is an image recognition and AI software company specializing in the retail industry. The company creates breakthrough technological solutions that bring successful sales results to its clients. Market Lab is based in Lodz, Poland.

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Buyer(S) 1

Buyer

Scandit

Zurich, Switzerland
Category Company
Founded 2009
Sector Software
DESCRIPTION

Scandit engages in smart data capture giving superpowers to workers, customers, and businesses with unmatched speed, accuracy, and intelligence. Scandit Smart Data Capture platform enables smart devices, such as smartphones, drones, digital eyewear, and robots to capture data from barcodes, text, IDs, and objects to automate and provide insights for end-to-end processes. Scandit was founded in 2009 and is based in Zurich, Switzerland.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Poland) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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