Arvato Financial Solutions acquires stake in tradetech innovator Nexxiot

Acquisitions

Summary

Arvato Financial Solutions, the financial service provider of Bertelsmann, announced it had acquired a stake in Swiss logistics digitalization and tradetech pioneer Nexxiot. The acquisition furthers Arvato Financial Solutions’ strategy to invest in cutting-edge, data-driven solutions that advance global supply chain precision and dependability. Nexxiot was a TOP 100 Swiss Startup in 2017 and 2020. The Nexxiot leadership team (from left to right): Stefan Kalmund (CEO), Philipp Spoegler (CFO), Paul Wielsch (CTO), and Daniel MacGregor (co-founder, strategic partnerships)

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Transportation Software Logistics Software Fleet Management Software

Linked Companies

Nexxiot
$10M to $25M