Advertisement
News

Syndigo acquires Riversand

The consolidation on the market of Product Information Management (PIM) solution providers goes on. After Salsify acquired Alkemics with effect of last week, Syndigo now takes over Riversand. Syndigo is – as its competitor Salsify – a registered data pool of the Global Data Synchronisation Network (GDSN) in the US.

Syndigo and Riversand are both US-based companies offering product information syndication and management solutions as software-as-a-service. PepsiCo in one of the prominent clients of Syndigo. Terms of the aquisition were not disclosed. Syndigo is owned by the investors Summit Partners and The Jordan Company.

Advertisement

Carrefour deploys both solutions

Among the joint clients of Sndigo and Riversand is French retail giant Carrefour which runs its own GDSN data pool – different from its competitors Groupe Casino, E.Leclerc, Intermarché and Systéme U, which all work with Alkemics (now Salsify) for product master data collaboration with their suppliers.

According to a press release of Syndigo, “the acquisition allows the company to bring its custom syndication and analytics capabilities to Riversand’s client base”.

 

 

Show More

Björn Weber

Björn Weber has been a journalist, analyst and consultant specialising in the retail and consumer goods industry for over 20 years. Prior to founding Fourspot, which is publishing The Retail Optimiser, Björn Weber headed the international analyst group LZ Retailytics. Previously, he was Research Director Retail Technology and Head of Planet Retail in Germany. Before that, Björn Weber was editor for IT & logistics topics at Lebensmittel Zeitung for eight years. Björn Weber is a member of the jury of the Retail Technology Award (Reta Europe) of the EHI. He is a regular speaker at events of the EHI, the NRF, industry media and the Consumer Goods Forum.

Related Articles

Back to top button