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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company. The Company operates in the technology industry and sells software as a service (SaaS), reselling, referring, and licensing its technology to licensors. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences. The Company provides solutions, such as data, wallet passes, coupon platform, and marketing services. Its Sunflora is a global health and wellness retailer in the United States. Its wallet pass platforms deliver personalized, digital experiences directly through the mobile wallet. Wallet apps are used to save digital passes like coupons, membership cards, and event tickets as well as means of payment like credit cards. Its marketing services offer copywriting, blog post writing, video production, podcast production, photo editing, and more. It also offers a Qples SaaS coupon management platform.


TSXV:FOBI - Post by User

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Post by Pucci1989on Sep 28, 2021 9:27am
204 Views
Post# 33929769

Analytics Insight

Analytics Insight

https://www.analyticsinsight.net/top-artificial-intelligence-mergers-and-acquisitions-in-september-2021/


Fobi to Acquire Qples

Fobi AI Inc. a global leader in providing real-time data analytics through artificial intelligence to drive operational efficiencies and profitability, has entered into an asset purchase agreement to acquire certain specific assets and liabilities from Qples, Inc., to be effected together with a wholly-owned subsidiary of the Company for total consideration of approximately US$3.2 million, plus up to an additional US$1 million earn-out. The acquisition of Qples is an important step in Fobi’s strategy to connect CPG brands and retailers, as well as, become leaders in key retail verticals such as Grocery and Convenience.

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