Navori Labs, a global leader in dynamic display and analytics based on AI and computer vision, has acquired the PlugnCast software business of Innes, the leading French company for dynamic display solutions in corporate and government communications. The acquisition will strengthen Navori Labs’ business development in France, and allow Navori Labs to market and sell Innes’ dynamic display solutions globally.
Innes will retain control of its hardware business, including a range of media players and meeting room signage solutions, though Navori Labs and Innes have established a strategic alliance to promote Innes’ hardware solutions internationally. As part of this agreement, Innes will retain its established network of distributors and resellers, which will work in partnership with a Navori Labs team based in France.
Founded in 2005, Innes’ dynamic display solutions combine hardware and software, with 29,000 screens installed in France and Germany. Beginning at the end of 2021, Navori Labs will offer a new range of dynamic display solutions designed for the global mass market that leverage Innes’ PlugnCast software.
PlugnCast resellers and users will benefit from an extended range of solutions, including in particular Navori Labs’ Aquaji software, an analytics solution based on AI and computer vision. Aquaji, launched in February, improves business performance and profitability for corporate, government and retail businesses, while also optimising screen-based advertising strategies across DOOH networks.
“We at Navori Labs were impressed by the quality and reliability of Innes’ hardware upon evaluation,” says Jerome Moeri, chairman, CEO and founder of Navori Labs. “The two companies will collaborate on the development of innovative solutions and their international promotion through the network of offices Navori Labs has established for in Europe, America and Asia over the past ten years. Innes’ transition of its PlugnCast software to Navori Labs will take 12 months. This acquisition will give us the opportunity to share our respective expertise in hardware and software, and bring enhanced benefits to our clients.”
Franck Dupin, president of Innes, added: “We will be able to concentrate on the development of our hardware business while ensuring continuity of support and maintenance of PlugnCast software for our clients, as well as support for the transition to Navori QL. Innes will continue to enrich its media players with new functionalities, and we will offer a wide range of innovative digital signage products in France and abroad.”