Generix announced the acquisition of Keyneo. Keyneo is a specialized software company in omnichannel commerce and new retail concepts offering a modular platform of SaaS solutions. The company has had an average growth of 27% since its creation in 2007. The ambition is to champion unified commerce by combining the SaaS solutions and expertise of both companies to cover the entire consumer journey.
Generix and Keyneo are bringing their SaaS commerce solutions and retail industry expertise together under a new and dedicated subsidiary offering a unified commerce portfolio. Cloud and AI will be at the heart of the innovation strategy for customers, including a strong focus on sustainability for managing second-hand products as an example.
The acquisition allows the combination of the robustness of Generix’s commerce solutions with the modernity of Keyneo’s KeyBUILD SaaS platform for omnichannel commerce, while dramatically simplifying the integration and deployment with full API management. The new commerce entity as part of Generix will provide retail companies with a broad portfolio of solutions and technologies to cover the entire consumer purchasing journey, from sale to delivery, across all sales channels (stores, e-commerce, marketplaces and more):
Clienteling, wallet, loyalty, management and application of sales actions
Point of sales
Unified sales and a single shopping basket
In-store mobility
Inventory management and consolidation
Order management
Warehouse management
Delivery
Management of financial flows and invoices
This acquisition will also help retailers accelerate their global expansion by benefiting from Generix and Keyneo’s presence in all regions of the world.
Both software companies already support more than sixty leading retailers, and their solutions are used by tens of thousands of users worldwide.
