Tyco Retail acquires FootFall
Tyco Retail Solutions has acquired FootFall, a global retail intelligence company, from Experian, plc, for £38.5 million (US$60 million) in cash.
Headquartered in the United Kingdom, FootFall provides retailers and retail property owners with end-to-end technology, services and retail analytics solutions to collect, measure, and analyze customer traffic in their stores and property portfolios. FootFall manages over 50,000 devices installed in approximately 13,000 retail sites, which capture over 15 billion shopper visits across 11 markets in Europe, Asia Pacific, and North America.
FootFall and Tyco Retail Solutions plan to accelerate commercial delivery of shopper analytics and traffic intelligence solutions for retailers.