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FarEye acqui-hires PY Technology - The Hindu BusinessLine

March 05, 2021 Acqui-hiring is acquiring a company for the talent pool; it entails no company acquisition cost, only hiring of people; higher online orders in food, grocery, furniture, pharmacy segments due to Covid-19 give boost to FarEye’s operations FarEye, a logistics company in the software-as-a-service (SaaS) space, announced that it has acqui-hired logistics technology start-up PY Technology in a bid to scale customer implementations as well as incubate new ideas, stated a company release. Acqui-hiring is the process of acquiring a company primarily for the talent. In this acquisition, there was no company acquisition cost, only hiring of people. FarEye is in the business of using technology to help food, grocery, furniture, and pharmacy deliver faster with lower costs.

FarEye acqui-hires logistics tech start-up PY Technology

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