Business
Rezolve Ai to Acquire GroupBy Strengthening Market Leadership in Commerce Site Search and Digital Engagement
Strategic acquisition expands Rezolve Ai’s capabilities in Commerce Site Search, unlocking synergies with enterprise clients and global infrastructure NEW
About this update from Rezolve Ai Plc
[{"type":"text","content":"Strategic acquisition expands Rezolve Ai’s capabilities in Commerce Site Search, unlocking synergies with enterprise clients and global infrastructure\nNEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-driven commerce solutions, today announced that it has entered into a purchase agreement to acquire GroupBy Inc. (www.groupbyinc.com), a leader in enterprise-grade site search, product discovery, and merchandising solutions. The acquisition's completion is subject to the fulfilment or waiver of standard closing conditions. This bold move will reinforce Rezolve Ai’s position as a leader in transforming digital commerce experiences. Powering the Future of Digital CommerceGroupBy has spent over 12 years optimizing product discovery for some of the world’s most recognized brands, including The Container Store, Crate & Barrel, Omaha Steaks, RS Components, Cabela’s Canada, Ace Hardware, and Genuine Parts Corp. By integrating its cutting-edge site search and merchandising capabilities with Rezolve Ai’s Brain Commerce suite, the acquisition will unlock an unprecedented level of personalization and AI-driven engagement for retailers. Expanding Reach, Accelerating InnovationWith a robust presence in Austin, Texas, and Toronto, Canada, GroupBy will extend Rezolve Ai’s North American footprint, opening doors to new growth opportunities and deepening relationships with enterprise clients. GroupBy’s customers will gain access to Rezolve’s next-generation conversational commerce, intelligent checkout, and real-time engagement solutions - delivering personalized, frictionless, and revenue-boosting digital shopping experiences. Additionally, GroupBy’s customer relationships present upsell opportunities to leverage Rezolve Ai’s real-time engagement, intelligent checkout, and geolocation solutions to drive increased merchant revenues and enhance digital shopping journeys. Commitment to Leadership Through Sales, Channels, and Acquisitions Rezolve Ai’s path to market leadership is driven by a three-pronged approach: Direct Sales Execution – Rezolve Ai is actively building a world-class sales organization in both the United States and Europe to drive direct engagement with retailers and brands.Channel Partnerships – With strategic partnerships, including Microsoft and Google, Rezolve Ai is leveraging channel d...