For Immediate Release
CORK, Ireland, Jan. 26, 2016 /PR Newswire/—Tyco International plc (NYSE: TYC) announced today that it has completed its previously announced acquisition of ShopperTrak, a Chicago-based leading global provider of analytics for the retail industry, for approximately $175 million in cash.
ShopperTrak’s solutions include perimeter traffic counting, in-store consumer behavior analytics and industry benchmarking. Combining these capabilities with its existing loss prevention, inventory intelligence and retail traffic analytics solutions, Tyco now offers retailers a unique combination of insights that they can use to make more informed decisions to improve their revenue and profitability.
ShopperTrak currently generates approximately $75 million of annual revenue. The financial results of this business will be reported within both the North America and Rest of World Integrated Solutions and Services segments.
Filed under Business Intelligence; Omni-Channel; Traffic IntelligenceKeywords omnichannel; traffic intelligence; TrueVUE; analytics
Published on 1/27/2016 Permalink