The latter acquired Agentrics in September, 2008. According to Paulo Viola, NeoGrid's executive director for North America, Europe and Asia, the rebranding allows the company better to align itself internally, while enhancing its ability to provide customers with shared technologies, services and global market access. NeoGrid enables collaboration all the way to the retail shelf. It aids companies in balancing inventory, minimizing out-of-stocks, boosting sales and partnering with the right suppliers. The company operates in 34 countries over five continents.

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