Mojix and CXignited Announce Merger
(Thomson Reuters ONE) -
Combined Entity Will Be the Global Leader in Digital Transformation for Retail
Through Complete Smart Inventory and Smart Supply Chain Solutions
LOS ANGELES, Sept. 13, 2017 (GLOBE NEWSWIRE) -- Mojix, a leading provider of
RFID systems and IoT platform solutions has merged with Europe-based CXignited,
a leader in delivering retailers real-time product and consumer data for unique
customer experiences. The united company will create a worldwide footprint with
expanded resources, scalability and an end-to-end retail platform based on
innovative business solutions and technology. It also secures a leadership
position in servicing global retailers, brands and manufacturers while
accelerating each company's growth initiatives.
The unique combination of Mojix's innovative RFID technology and IoT platform
solutions, and CXignited's product "inception to in-store" digitalization
applications delivers a complete retail business solution not available in the
market before. Together, a single cloud-based platform combines software,
hardware and services that drive real-time product digitalization, locationing,
authentication and personalization across the Unified Commerce.
The combined entity will operate under the Mojix name, and will be led by Dan
Doles, Mojix's President and CEO. CXignited CEO Alain Fanet will become Chief
Strategy Officer of the combined entity and will lead the company global growth
strategy.
"Our unified strengths help retailers and brands transform the way they connect
with their customers and a new generation of shoppers," said Dan Doles, CEO of
Mojix. "The joint solution allows us to digitize the entire supply chain from
manufacturer to consumer. Now, since we enable smart products and a smart end-
to-end supply chain, we can stream item level intelligence and inventory
availability/visibility online and in-store. We do this to empower both sales
associates and customers alike on mobile devices as well as seamlessly interface
with leading eCommerce, ERP, POS, EAS, CRM/Marketing Automation, Clienteling,
Merchandising/Digital Merchandising, Big Data, and other software."
"The timing is good for this merger, as RFID has crossed the chasm and is
becoming mainstream in apparel and footwear retailing," said Bill McBeath, Chief
Research Officer at ChainLink Research. "Now retailers are eyeing how to get the
next level of value from their investment, beyond simple inventory accuracy.
Together, Mojix and CXignited have the accumulated depth of experience and
richness of product portfolio to offer a comprehensive solution set for in-store
experience and visibility, supply chain effectiveness, brand protection, and
real-time granular intelligence in the store and across the chain."
Alain Fanet, CEO of CXignited stated, "Few mergers in our space have the ability
to implement real enterprise-wide business value where one plus one really does
equal three. This is one of them." Mr. Fanet added, "This solidifies our Blue
Chip customer base by providing new capabilities to support our fast-growing
business and our worldwide expansion. The performance of our cloud-based
Pervasive Computing platform enables complex business decisions based on real-
time traffic flows. This helps overcome a lot of retail's current challenges and
can help tackle today's industry high-stakes. This is an exciting time as we
bring our customers even more integrated operational business value along the
manufactured consumer goods lifecycle. As a result of the merger, a new era for
the global retailing industry with new operating and business models will
finally be unleashed."
About Mojix
Mojix provides real-time IoT solutions for enterprise operations management and
customer engagement. Its cloud based IOT software platform and mobile
applications leverages its pioneering wide-area RFID systems, which are built on
patented long-range location technology. Our primary focus is solving the big
data problems created by collecting large-scale amounts of data from various
wireless and wired sources. We are innovators in fixed infrastructure sensor
networks that collect, store, analyze and interconnect data from multiple
sources including RFID, GPS and other sensor devices. Mojix IoT solutions
provide big data scalability and feature highly configurable application
frameworks and elegant user interfaces with advanced analytics, enabling end-to-
end business intelligence and data visibility across multiple industries. For
more information, visit Mojix.com/.
About CXignited
CXignited sets the new standard for Customer Experience (CX) igniting product,
people and brand passion. Through its progressive ShopCX Cloud
Platform, CXignited streams shop floor and Unified Commerce
information intelligence through RFID/Beacons/IoT. With a Real-time Local
Positioning System (RLPS), CXignited drives product digitalization,
localization, personalization and authentication across the Omni-channel for
luxury retailers and global brands. Delivering item level intelligence and
inventory as well as availability/visibility all in a single real-time view. You
now have game-changing 24/7 product storytelling, instant item replenishment,
customer/sales associate empowerment and a new level of in-store engagement with
connected consumers. Visit us at CXignited.com, follow us on Twitter
at (at)CXignited, like us on Facebook and visit our LinkedIn page.
Press Contact:
Mojix
Jim Donaldson
+1.314.223.4779
jim.donaldson(at)mojix.com
CXignited/Demand Worldwide
Jerry Inman
+1.212.673.2222.
jinman(at)demandworldwide.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Mojix via GlobeNewswire
Datum: 13.09.2017 - 12:00 Uhr
Sprache: Deutsch
News-ID 559786
Anzahl Zeichen: 6572
contact information:
Town:
Los Angeles
Kategorie:
Business News
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"Mojix and CXignited Announce Merger"
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