Britt Fogg, who founded Shiloh Technologies in 1994, has sold the Rogers company to SPI (Software Paradigms International), a retail IT services and solutions provider based in Atlanta, Ga.
The acquisition was announced Tuesday. In a news release, SPI co-founder and CEO Sid Mookerji said the acquisition allows the company to extend its product portfolio to provide point-of-sale analytics from retailers to their suppliers.
Fogg will remain president of Shiloh Technologies, known as an industry leader for its analytical retail software.
“Our customers will continue to see and talk to the same great people at Shiloh,” Fogg said in the news release. “This brings together our world-class platform with a company recognized around the world for quality and retail service expertise.”
There are no changes expected for the Rogers office, other than hiring more employees, said Sherri Kinsey, the company’s marketing director.
Kinsey said more employees likely means Shiloh Technologies will relocate to a new location in Northwest Arkansas. The company’s headquarters is on South 52nd Street in the Pinnacle Hills area.
“We’re going to have to move sometime because we will certainly need more space,” she said.
Kinsey said the company has about 35 employees.
A former employee with Tyson Foods Inc., Fogg launched his company in Lowell as Fogg Business Solutions Inc. in 1994.
FBS Inc. later became known as Bentonville Software Associates LLC in September 2005 when Fogg moved the headquarters to Bentonville, then became Shiloh Technologies in 2008.
The company’s moniker comes from Fogg’s proprietary software application for companies that supply retailers, called Shiloh 3.1
It helped transform the software scene in the retail supplier community, generating custom reports to help suppliers keep track of inventory replenishment, item rollouts, distribution, promotions and sales forecasting.
The application converts information from a retailer’s network and converts it into an easily analyzed form.
Fogg, a Springdale native, was not immediately available for comment Tuesday.