Trax Limited Divests Image Recognition Business to Gemspring Capital; Remaining Trax Ltd. Businesses Poised for Focused Growth and Market Expansion
PR Newswire —
BOSTON, Feb. 12, 2026 /PRNewswire/ -- Trax Ltd., the technology company revolutionizing retail through data-driven AI and industry-recognized global pioneer of image recognition, announced the divestiture of its Image Recognition (IR) business to an affiliate of Gemspring Capital. The...