Standard Cognition Acquires Checkout Technologies.

MANews-(C)2009-2020

US-based retail autonomous checkout solution provider Standard Cognition has acquired Milan, Italy-based Checkout Technologies, which has developed Artificial Intelligence technology for retail frictionless checkout, the company said.

The acquisition significantly increases the size of Standard's engineering team and seeds its European presence.

Standard Cognition was one of the first startups in the autonomous checkout space, and first to open a cashierless store in San Francisco.

The company has...

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