Quick Take
Zebra Technologies (ZBRA) has announced an agreement to acquire Profitect for an undisclosed sum.
Profitect has developed an analytics software solution for retail and consumer product goods companies.
With the deal, Zebra bolsters its Enterprise Asset Intelligence system to help retailers increase sales and reduce inventory mismatch via its mobile-connected monitoring and resolution module suite.
Target Company
Burlington, MA-based Profitect was founded in 2007 to assist retailers and CPG companies to produce better results.
The system aims to augment or replace existing business intelligence and exception-based reporting tools with modules that