Ingka Group acquires Geomagical Labs
Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries) has acquired Geomagical Labs, a leading US-based development company of 3D and visual AI solutions for interactive home furnishing inspiration, based in Silicon Valley, California.In order to better meet the increasing needs of its customers, Ingka Group is continuing to invest as part of its digital transformation. The 3D and AI technology developed by Geomagical Labs will be used to bring out the uniqueness of IKEA to life, digitally, by making it easy for customers to capture and