P97 Acquired by PDI Technologies: A Strategic Move in Digital Commerce

Emerald Technology Ventures, a notable player in the venture capital domain with a focus on climate change and sustainability, has successfully facilitated a key acquisition as its portfolio company, P97 Networks, has been acquired by PDI Technologies. Established in Houston in 2012, P97 Networks has made significant strides in mobile commerce and digital engagement within the mobility sector, providing services to major fuel and automotive brands. Evolving from a small startup to a pivotal figure in digital commercial solutions, P97's groundbreaking platform has transformed consumer interaction with enhanced secure mobile payments, loyalty and data-driven engagement solutions. With this acquisition by PDI, P97 is anticipated to further expand its influence in the rapidly digitalizing transportation network. This strategic move underscores Emerald's commitment to supporting transformative technology and innovation, while PDI Technologies aims to broaden its reach and capabilities in connecting consumers and retailers. Emerald's Senior Partner, Charles Vaslet, emphasized the achievement and future potential of P97 in the expanding digital commerce landscape.