Omnichannel retail management platform Brightpearl has closed a deal to acquire inventory projection solution Inventory Planner for undisclosed terms, according to a press release on Friday (Sept. 17). The tie-up gives Brightpearl, headquartered in Bristol, England, enhanced inventory forecasting capabilities. The move complements its retail...
Palantir Technologies is working alongside connected vehicle data company Wejo in developing an integrated data ecosystem for the automotive industry, according to a report from Seeking Alpha. The connected vehicle platform will have several uses, including working with parts suppliers to boost component quality and...
The Spanish B2B payments company Voxel has acquired the Australian-based Troovo for an undisclosed amount. As PhocusWire reported on Thursday (Sept. 16), Voxel plans to incorporate Troovo’s Robotic Process Automation technology into its baVel payment platform, giving it GDS connectivity along with a decision engine...
Urban air mobility pioneer Volocopter is teaming up with Urban Movement Labs (UML) in Los Angeles to explore air mobility in the LA area. Christian Bauer, Volocopter’s chief commercial officer, said that collaborating with UML offers a “great entryway” to bring Volocopter’s UAM services to...
Bridgestone has made a 10% minority investment in the mobile vehicle services Wrench, the tiremaker announced Wednesday (Sept. 15) in a press release. “The partnership paves the way for Bridgestone and Seattle-based Wrench to explore synergies in their service offerings, including pairing Bridgestone’s 2,200+ company-owned...
Through the last few years, through the pandemic, especially, Wall Street behemoth Goldman Sachs has been ramping up its consumer banking efforts. In the latest bid to do so, Goldman announced Wednesday (Sept. 15) that it is buying specialty lender GreenSky Inc. in a $2.2...
Trimble Transportation is collaborating with Procter & Gamble (P&G) to improve the transportation procurement process between shippers and carriers, according to a press release on Wednesday (Sept. 15). By working together, the two companies are looking to develop a transportation procurement platform that will add...
Global financial institution Goldman Sachs will purchase FinTech lending company GreenSky in an all-stock deal worth an estimated $2.24 billion, according to a Wednesday (Sept. 15) press release. As part of the definitive agreement both companies entered into, GreenSky stockholders will receive 0.03 shares of Goldman...
U.K.-based online car retailer Cazoo on Wednesday (Sept. 15) announced its acquisition of vehicle prep, logistics and storage company SMH Fleet Solutions for approximately £70 million (almost $97 million) in cash from LDC and other minority shareholders. SMH’s staff of more than 500 employees has...