Avery Dennison has acquired Wiliot, a company specializing in continuous, scan-free supply chain visibility, for $75.0 million. This acquisition brings Wiliot's innovative Physical AI platform, which utilizes battery-free Bluetooth sensors known as IoT Pixels, under Avery Dennison's portfolio. Wiliot's technology provides real-time automated condition monitoring, inventory intelligence, and workflow optimization, processing billions of sensing events across millions of products monthly for leading global retailers and logistics companies.
Wiliot's platform is designed to deliver continuous, AI-ready data by processing signals from its IoT Pixels using purpose-built AI and machine learning models. This enables businesses to gain unprecedented insight into item location and condition throughout their supply chains. The system integrates seamlessly into existing enterprise systems, allowing companies to automate workflows, respond to issues instantly, and reduce waste, ensuring products arrive as expected. For Avery Dennison, a global leader in materials science and digital identification solutions, this acquisition represents a strategic move to enhance its offerings in the rapidly evolving IoT and intelligent supply chain sectors.
The integration of Wiliot's advanced sensing and AI capabilities with Avery Dennison's extensive market reach and expertise in smart labels and RFID technologies is expected to create significant synergies. The combined entity will be better positioned to offer comprehensive, end-to-end solutions for real-time product visibility and data-driven decision-making across various industries. This strategic move aims to accelerate the adoption of intelligent, connected supply chains, providing customers with enhanced tools for efficiency, sustainability, and operational excellence in a connected world.