Navori Labs, a provider of AI-powered digital signage software, has entered into a strategic partnership with Maguar, a German tech investor specializing in B2B software.
The partnership with Maguar aims to expand market share, deepen customer relationships and accelerate imminent acquisitions across the Americas, Europe and Asia-Pacific, according to a press release.
«This is a defining milestone for Navori Labs as we embark on an exciting new chapter,» Jérôme Moeri, founder and CEO of Navori Labs, said in the release. «Maguar’s vision and approach to innovation align perfectly with our goals. With their support, we’re set to break new ground and continue delivering best-in-class solutions to our customers.»
«We are thrilled to welcome Navori Labs to the Maguar portfolio,» Matthias Ick, founding partner at Maguar, said in the release. «Navori’s exceptional track record and innovative solutions have positioned it as a clear leader in the digital signage market, and we are excited to contribute to its next phase of growth through resources, our network and our deep software expertise.»
Headquartered in Munich, Germany, Maguar was founded in 2019 by Matthias Ick, Gunther Thies and Arno Poschik. Maguar focuses on investments in small and medium-sized B2B software companies in the DACH region.