APPRISS ACQUIRES VERISK’S RETAIL LOSS PREVENTION SOLUTIONS

▤ Summary

Louisville, Ky., July 16, 2019 (GLOBE NEWSWIRE) -- Appriss, a leading provider of data analytics solutions in safety, health, and retail, today announced the acquisition of the retail loss prevention solutions from Verisk (Nasdaq:VRSK), a leading data analytics company serving the insurance industry, energy and specialized markets, and financial services. Their customers are leading commercial enterprises, information service providers, and government agencies with focus in retail, healthcare, and public safety. With more than 20 years of retail data science expertise, the company’s Software-as-a-Service (SaaS) platform generates advanced analytical insights and real-time decisions that drive action throughout the organization, including operations, finance, marketing, and loss prevention. Appriss Retail serves a global base of leading specialty, apparel, department store, hard goods, big box, grocery, pharmacy, and hospitality businesses in more than 150,000 locations (brick and mortar and online) in 45 countries across six continents. Using advanced technologies to collect and analyze billions of records, Verisk draws on unique data assets and deep domain expertise to provide first-to-market innovations that are integrated into customer workflows.

▦ Linked Companies

Verisk

$1B+