Company Overview - A2i Systems is a provider of PriceCast, a retail pricing solution for fuel, electric vehicle (EV), and convenience stores [2] - A2i has a strong track record of growth and a broad geographical footprint across Europe and North America [5] Acquisition Details - Dow Jones announced the acquisition of A2i Systems, enhancing its energy business with AI capabilities [7] - A2i will operate as a subsidiary of OPIS within Dow Jones's energy business, focusing on innovation and product development [8] Market Impact - A2i's PriceCast platform is operational at over 12,500 fuel sites, EV charging stations, and convenience stores across more than 20 countries [8] - The acquisition is expected to strengthen Dow Jones's position in the evolving retail sector, particularly in the booming EV market [6][8] Financial Performance - Dow Jones reported revenues of $544 million, with a 15% growth in its energy business [4] Leadership Insights - Dow Jones CEO Almar Latour emphasized the ethical AI platform's value and growth opportunities for both the energy vertical and the broader organization [6] - A2i founder Frodi Hammer expressed confidence in scaling technology and impact as part of OPIS and Dow Jones [9]
Dow Jones Acquires A2i Systems