Aldata Buys Apollo Space-Planning Business From IRI

Software provider Aldata here has to acquire the Apollo Retail Space and Assortment Planning business unit of Information Resources Inc., Chicago, for approximately $10.5 million, the companies announced this week.

ATLANTA — Software provider Aldata here has agreed to acquire the Apollo Retail Space and Assortment Planning business unit of Information Resources Inc., Chicago, for approximately $10.5 million, the companies announced this week.

An application long used for planogram development, the Apollo Space Planning software is in use at more than 300 retail and CPG companies, with over 8,000 individual users worldwide.

“The agreement to divest our Apollo software division is p

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