1. Market Data
September 29, 2016

M&As this week: Kibo, Aurelius Group

US-based Kibo has announced the acquisition of Baynote, a cloud-based personalisation platform.

US-based Kibo has announced the acquisition of Baynote, a cloud-based personalisation platform.

Cloud-based omnichannel commerce solutions provider Kibo expects the acquisition to strengthen its commerce solutions, including eCommerce, order management and mobile point of commerce.

"Following the acquisition, Baynote’s personalisation solution will be integrated with Kibo’s commerce platform."

Following the acquisition, Baynote’s personalisation solution will be integrated with Kibo’s commerce platform.

Aurelius Group has announced the acquisition of Office Depot’s European business.

Based in Germany, Aurelius is a pan-European investment group, while Office Depot is an office supply retailer based in the US.

Sale of its European business is expected to enable Office Depot to streamline its operations and focus on other markets.

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