Nasdaq GlobeNewswire

Mojix and CXignited Announce Merger

Del

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 @CXignited, like us on Facebook and visit our LinkedIn page.

Press Contact:

Mojix
Jim Donaldson
+1.314.223.4779
jim.donaldson@mojix.com 

CXignited/Demand Worldwide
Jerry Inman
+1.212.673.2222.
jinman@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

Om Nasdaq GlobeNewswire

Nasdaq GlobeNewswire
Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra Nasdaq GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Nasdaq GlobeNewswire

Virgin Pulse and RedBrick Health Joining Forces to Create World's Largest Digital Employee Wellbeing and Engagement Company21.5.2018 17:00Pressemelding

Merger Will Create First and Only One-Stop-Shop for Employee Health, Wellbeing and Benefits Engagement; Combined Company Will Have More Than 3,300 Customers Across 190 Countries PROVIDENCE, R.I., May 21, 2018 (GLOBE NEWSWIRE) -- Providence-based Virgin Pulse and Minneapolis-based RedBrick Health announced today that the industry pioneers will merge, creating the world's largest, most comprehensive digital health and engagement company. This powerful combination will deliver the industry's only fully integrated digital platform, with benefits navigation and live coaching to support global clients and members across the entire health, wellbeing and benefits lifecycle - from screening and assessment to activation, behavior change and the adoption of sustainable, healthy habits. "We are thrilled to join with RedBrick to set a new vision and standard for employee health, wellbeing and engagement," said David Osborne, Virgin Pulse CEO, who will serve as CEO of the combined company. "Bringing

Hotels.com App Wins 2018 MediaPost Appy Award in Travel & Tourism Category21.5.2018 16:00Pressemelding

Developed by EPAM, app is recognized for creativity and excellence in app design NEWTOWN, Pa., May 21, 2018 (GLOBE NEWSWIRE) -- Hotels.com® and EPAM Systems, Inc. (NYSE:EPAM) announced their triumphant win at the 2018 MediaPost Appy Awards in the Travel and Tourism category this week. The Hotels.com mobile app, developed in collaboration with EPAM Systems, Inc., a leading global provider of digital platform engineering and software development services, has been crowned the best app developed for airlines, hotels, travel search engines, destinations, cruises, travel advice or car rentals. With over 70 million downloads and a 4.5+ star rating from consumers on both iOS and Android app stores, the Hotels.com app has now been recognized by the industry leading Appy Awards, which honor creativity and excellence in app design. The app provides a simple, fast and secure way for users to plan, book and manage hotel reservations, and allows travelers to book hundreds of thousands of places to

Claroty Launches Channel Program and Announces New Industrial Cybersecurity Partnerships21.5.2018 15:00Pressemelding

Claroty Vision Program Expands Global Reach and Joint Solution Delivery with OT Leaders, Including Dimension Data/NTT Security, Optiv, and Kudelski Security NEW YORK, May 21, 2018 (GLOBE NEWSWIRE) -- Claroty, the leader in operational technology (OT) network security, today unveiled Claroty Vision, a new global channel partner program for integrated solution partners, managed service providers (MSPs), and resellers. The program is tailored to provide partners with the tools and resources they need to accelerate revenue in the fast-growing industrial cybersecurity market. The company also announced several new partnerships under the Claroty Vision banner, including the addition of Optiv and Kudelski Security. Comprised of four participation levels - Elite, Premier, Authorized, and Referral - the Claroty Vision program provides partners with a broad range of tools, benefits, and incentives such as increased margin, deal registration, an online demo environment, and co-marketing activitie

Wabtec and GE Transportation to Merge, Creating Global Leader for Rail Equipment, Services and Software21.5.2018 13:00Pressemelding

Strategic Combination Will Drive Shareholder Value Creation by Accelerating Innovation in Transportation and Logistics Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent cash EPS accretion in year one. Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. Complementary businesses and large global installed base will create additional opportunities for cross-selling, aftermarket services growth and new solutions in a rapidly evolving industry. GE Transportation is positioned for a substantial rebound, with estimated adjusted EBITDA growing from about $750 million in 2018 to between $900 million and $1 billion in 2019. Substantial annual run-rate synergies of $250 million and a net present value of approximately $1.1 billion of net tax benefit will accrue to the combined company. The transaction is valued at appro

Sciaky Receives Order for Multiple Electron Beam Additive Manufacturing (EBAM®) Systems to Strengthen America's Defense and Power Generation Programs21.5.2018 09:00Pressemelding

CHICAGO, May 21, 2018 (GLOBE NEWSWIRE) -- Sciaky, Inc., a subsidiary of Phillips Service Industries, Inc. (PSI) and leading provider of metal additive manufacturing (AM) solutions, announced today that it has received an order for multiple Electron Beam Additive Manufacturing (EBAM®) systems to bolster the nation's defense and power generation programs. Details of the project are confidential. "Sciaky has a long history of providing innovative solutions to America's military and power generation initiatives," said Scott Phillips, President and CEO of Sciaky, Inc. "Our EBAM process is the only industrial-grade metal 3D printing technology to produce large-scale parts for land, sea, air, and space applications." As the most widely scalable metal additive manufacturing solution in the industry (in terms of work envelope), Sciaky's EBAM systems can produce parts ranging from 8 inches (203 mm) to 19 feet (5.79 meters) in length. EBAM is also the fastest deposition process in the metal addit

INTA Selects Singapore for 142nd Annual Meeting Slated for April 202021.5.2018 02:10Pressemelding

SEATTLE, May 20, 2018 (GLOBE NEWSWIRE) -- The International Trademark Association (INTA) today announced that it will hold its 142nd Annual Meeting-the world's largest trademark event-in Singapore from April 25 to 29, 2020, at the Marina Bay Sands. This marks the second time INTA is bringing its Annual Meeting to Asia, and the first time that the organization will host the event in Southeast Asia. INTA CEO Etienne Sanz de Acedo made the highly anticipated announcement at the opening ceremonies of the Association's 140th Annual Meeting, taking place in Seattle, Washington, now through May 23. Nearly 11,000 trademark practitioners and other intellectual property (IP) professionals from 150+ countries are gathering for this event. The number of registrants has been increasing each year. In 2014, INTA held its first-ever Annual Meeting in Asia-the 136th Annual Meeting in Hong Kong SAR, China. After that successful event, INTA's Board of Directors approved a rotation strategy to host the An

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom