Dow Jones, A Division Of News Corp. Acquires A2i Systems; No Financial Terms Disclosed
Latest acquisition advances Dow Jones's energy business with industry-leading artificial intelligence (AI) capabilities
NEW YORK, July 2, 2024 /PRNewswire/ -- Dow Jones announced that it has acquired A2i Systems, a world leader in AI-powered fuel pricing solutions.
A2i adds to Dow Jones's growing suite of AI capabilities and will operate as a subsidiary of OPIS within Dow Jones's energy business, maintaining its focus on innovation and product development. A2i's best-in-class AI engine applies advanced predictive technologies and real-time pricing data to forecast consumer buying behaviors in dynamic market conditions. Its PriceCast platform is in operation at over 12,500 fuel sites, electric vehicle (EV) charging stations and convenience stores across 20+ countries globally.
A2i joins Dow Jones at a time of continued growth and expansion as a leading business news and information business. In its latest reported earnings, Dow Jones revenues totaled $544 million, which included 15% growth in its energy business.