Google buys Pointy, a startup that helps SMBs use inventory data in digital marketing

By The MixDex Team Article may include affiliate links

Google has closed a deal to acquire Irish startup Pointy.

  • Pointy offers a low cost device that attaches to point of sale barcode scanners at small and medium sized businesses.
  • Whenever a store worker scans an item during checkout, the device gathers product information at the same time.
  • This data is used in conjunction with digital marketing platforms to link real time inventory.
  • There’s also a dose of machine learning to help measure product purchase frequency and other information.
  • Terms of the deal were not disclosed, though Pointy has raised $20 million so far.
  • Although not definite plans have been announced, Google could integrate local inventory data in search results.
  • It would also be integrated with Google’s advertising products and compete with Amazon in product search.