Vision AI specialist Everseen announces the acquisition of Viztel retail technology from RadiusAI — Retail Technology Innovation Hub
Everseen, a specialist in Vision AI solutions for the retail industry, has acquired the Viztel technology portfolio from RadiusAI. Financial terms of the deal were not disclosed.
Everseen focuses on AI powered revenue recovery, helping retailers improve profitability through solutions including EverCheck, EverShelf and EverEagle. Viztel extends that offering across the entire store: from the moment a shopper walks in to where they move, what they engage with, how long they dwell, how queues form, and how they check out.
Viztel is a computer vision platform that turns existing camera infrastructure into business intelligence spanning customer- and product journey analytics, heat maps and dwell time, queue and occupancy analytics, inventory and freshness monitoring, and hazard and safety detection. It generates insight from anonymised data, with no facial recognition and no capture of personally identifiable information.
“Everseen became the market leader by helping retailers recover value at scale through Vision AI. With Viztel, we’re extending that same proven intelligence beyond checkout to the entire store,” says Joe White, Chief Executive Officer at Everseen. “Bringing together customer and product journeys, store operations, workforce productivity, and revenue recovery on one AI platform makes us uniquely positioned to help retailers understand not just what’s happening in their stores, but why, and act on it.”
“We built Viztel to give retailers a complete picture of everything that happens in their stores, and I’m delighted that this portfolio is moving to Everseen,” says Bobby Chowdary, Founder and CEO at RadiusAI, who is joining Everseen as part of the acquisition. “Everseen is exactly the right place to take this technology to the next level. Their expertise, platform, and scale mean Viztel will only get better from here.”
