The Berlin-based software company LocaFox GmbH develops and sells cloud-based software solutions primarily to sole proprietorships and small to medium-sized businesses in the retail sector. The company has now been acquired by ANKER GmbH, a Bielefeld-based provider of point-of-sale hardware and solutions.
"The acquisition of LocaFox is part of the ANKER growth strategy. The market for cloud-based POS software solutions promises attractive growth potential. At the same time, we are tapping into a new customer group."
Dr. Fabian Schühle
Managing Partner of ANKER Kassensysteme
As a specialist for POS hardware and market leader in German-speaking food retailing, ANKER now complements its portfolio with the powerful software. Dr. Fabian Schühle, Managing Partner of ANKER Kassensysteme, says "The acquisition of LocaFox is part of the ANKER growth strategy. The market for cloud-based POS software solutions promises attractive growth potential. At the same time, we are tapping into a new customer group."
The cloud-based POS system “LocaFox POS,” which features integrated inventory management, is used more than 2,500 times a day across Germany. It offers retailers services, tools, and technologies that connect them to the omnichannel world.ANKER continue to expand its sales operations at LocaFox in a targeted manner, thereby returning to its roots as a provider of hardware and software for POS systems,” explains Dr. Schühle.
