Scandit, a Zurich-based smart data capture company, has acquired MarketLab's shelf audit automation technology at an undisclosed amount.

This acquisition enhances Scandit's ShelfView retail management solution by integrating advanced AI and image recognition capabilities.

With the new technology, Scandit aims to boost the efficiency and accuracy of store operations globally.

CEO Samuel Mueller underscores the strategic move as pivotal for expanding Scandit's leadership in smart data capture solutions for the retail industry.