Category Archives: Acquisitions & Mergers

TD Bank Group acquires artificial intelligence innovator Layer 6

TD Bank Group (TD) announced the acquisition of Layer 6 Inc. (“Layer 6”), a world-renowned artificial intelligence company based in Toronto, Ontario. Layer 6 has emerged as a global thought-leader and pioneer in the delivery of responsive, personalized and insight-driven experiences for the financial services industry. Continue reading TD Bank Group acquires artificial intelligence innovator Layer 6

Verint Accelerates Automation Innovation and Expands Cloud Self-Service Solutions

Verint® announced that it has acquired all of the outstanding equity interests in Next IT Corporation and its affiliate Next IT Innovation Labs, LLC (collectively, “Next IT”), a developer of conversational artificial intelligence-powered intelligent virtual assistants. The purchase price consisted of close to $30 million of cash paid at closing, plus potential additional future cash payments. Continue reading Verint Accelerates Automation Innovation and Expands Cloud Self-Service Solutions

Star2Star Communications And Blueface Merge To Become Global Top Five Unified Communications As A Service (UCaaS) Business

Star2Star Communications, North America’s Leading Hybrid Cloud Communications company and Blueface, the pan-European Unified Communications as a Service (UCaaS) provider have today announced a merger, whereby the combined entity “StarBlue” instantly becomes a top five global provider in the rapidly growing global Unified Communications market. Continue reading Star2Star Communications And Blueface Merge To Become Global Top Five Unified Communications As A Service (UCaaS) Business

Smarsh Adds Voice Archiving Offering With Acquisition of London-based Cognia

Smarsh®, providing information archiving solutions for compliance, e-discovery and risk management, has completed the acquisition of Cognia, a worldwide leader in cloud-based voice archiving, audio search and analytics. Smarsh will leverage Cognia’s intellectual property and development resources to offer its global customer base enhanced capabilities around mobile and fixed-line voice communication – alongside a market-leading range of electronic communications – within The Archiving Platform. Continue reading Smarsh Adds Voice Archiving Offering With Acquisition of London-based Cognia