Sysrepublic Acquired By Appriss

Torrance-based Sysrepublic, a developer of analytics software used by retailers to reduce shrinkage and returns fraud, has been acquired by Kentucky-based Appriss. Financial terms of the acquisition were not disclosed. Appriss said it will merge Sysrepublic into its retail division, The Retail Equation, focused on retail exception-based reporting and return fraud solutions.