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Mi9 Retail Acquires Upshot Commerce -- Adds E-commerce to Omni-Channel Retail PlatformMIAMI, July 11, 2016 /PRNewswire/ -- Mi9 Retail, a premier provider of unified commerce solutions for the retail industry, has acquired Upshot Commerce, a leading provider of on-demand, omni-channel e-commerce and order management solutions. The acquisition of Upshot Commerce adds proven order management and e-commerce solutions to the Mi9 Retail platform, providing a one-stop shop for retailers who want to deliver a fully integrated, omni-channel shopping experience to their customers. Retailers that sell merchandise in stores as well as online need to master an omni-channel strategy to maximize their growth. By combining an e-commerce platform together with a best-in-class merchandising and retail analytics platform (Mi9 Merchant), mobile POS, CRM, and clienteling (Mi9 Mosaic), Mi9 Retail offers an integrated solution suite that is unrivaled in the market. The combination enables Mi9 Retail customers to grow their total business rather than succeed in one channel at the expense of another. "More and more large and mid-sized retailers want to work with a single supplier that can provide the end-to-end, enterprise retail systems on which they run their businesses," said Neil Moses, President, Mi9 Retail. "We've integrated the Upshot e-commerce and order management capabilities into the Mi9 Retail suite to give customers an even greater set of choices – whether they select our end-to-end solution or opt to augment their Mi9 Retail investment with modules from other leading vendors." "What makes Mi9 Retail so interesting is that it already delivers a broad spectrum of retail solutions and still keeps expanding," said Joe Skorupa, Editorial Director of RIS News. "Its acquisition of Upshot ommerce, an omni-channel cloud company, deepens Mi9 Retail's presence in the unified commerce realm by adding direct-to-consumer and business-to-business e-commerce platforms as well as an order management solution. Combined with last year's acquisition of Raymark, Mi9 Retail steps up to a level that only a select few end-to-end solution providers can match." Upshot Commerce marks the third acquisition of a retail-focused technology company by Mi9 Retail during the past 9 months. In late 2015, Mi9 Retail completed the acquisition of Raymark, adding mobile point of sale, mobile inventory management, CRM, and clienteling solutions to the product portfolio, along with a strong customer base and corporate presence in Europe and Asia. In January 2016, Mi9 Retail acquired Applications Systems Corporation (ASC) and formed the Retail Software Jewelry Group, building on that company's jewelry industry-specific technology and deep domain knowledge. "We share an unwavering commitment to customer success and satisfaction with the Mi9 Retail leadership team," said Neal Kaiser, Founder and CEO, Upshot Commerce. "With our experience and success in order management and e-commerce, and the success of Mi9 Retail in merchandising, point-of-sale, and retail analytics, we're bringing something really exciting to market. I am thrilled to be joining this team of proven business and technology professionals." About Upshot Commerce About Mi9 Retail Contact: Logo - http://photos.prnewswire.com/prnh/20160701/385734LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mi9-retail-acquires-upshot-commerce----adds-e-commerce-to-omni-channel-retail-platform-300296287.html SOURCE Mi9 Retail |