Fujitsu Limited announced that it has successfully completed the acquisition of GK Software, which is now a wholly owned subsidiary of the Fujitsu Group. This strategic move aims to enhance Fujitsu’s offerings in the retail and payment solutions sector, facilitating greater innovation and improved services for its clients. The expertise of GK Software is expected to significantly contribute to driving digital transformation initiatives within the Fujitsu Group.
With the transaction now complete, a new and exciting chapter begins. GK, which currently serves more than a quarter of the world’s top 50 retailers across 60 countries, has strong brand recognition in the retail industry, leading the global market with industry-leading POS and SaaS solutions including AI-powered price optimization. The two companies will strengthen their cooperation with Fujitsu contributing its technology to GK, including Fujitsu Kozuchi, Data Intelligence PaaS, and Dynamic SCM, and global delivery capabilities such as high-precision demand forecasting, which will increase added value for customers. GK’s retail technology will underpin the Consumer Experience pillar of Fujitsu Uvance – Fujitsu solutions that accelerate business and address societal challenges – and strengthen the Uvance proposition in the global retail market.
There will be no changes to GK’s management structure. Michael Scheibner will continue to serve as CEO and Chairman of the Board, and Michael Jaszczyk will remain Chief Digital Transformation Officer, ensuring continuity in leadership and a strong foundation for the next phase of growth.
Yoshinami Takahashi, Corporate Executive Officer, Corporate Vice President, COO, Head of Global Solutions, comments:
“This marks a major step forward in Fujitsu’s transformation through Fujitsu Uvance and underlines our strong commitment to growth in key industries. We are excited about the opportunities ahead and confident that, together with GK, we will deliver even greater value to customers worldwide”.