DemandTec, Inc. (DMAN) Acquires Applied Intelligence Solutions Assets, Boosting Product Portfolio and Offering
DemandTec Inc. serves as a network for retailers and consumer products companies, providing common tools to transact, interact and collaborate on core merchandising and marketing activities. The company today announced it has acquired all assets of Applied Intelligence Solutions LLC (AIS), a developer of intelligent software solutions for the retail enterprise focused primarily on softline retailers. The deal gives DemandTec ownership of the intellectual property designed to apply complex pattern recognition techniques to softline and other short lifecycle retail categories. The deal also equips DemandTec with additional industry expertise in software application development for retail softlines. "Adding AIS's advanced pattern…