LINK Mobility to acquire Italian based chatbot company Matelab Srl
LINK Mobility (LINK) has entered into a definitive agreement to acquire Italian based Matelab Srl. The acquisition will immediately strengthen LINK's omnichannel offering through enhanced conversational messaging capabilities with Contact Centre as a Service (CCaaS) and chatbot competencies.
The company's core offerings are the proprietary advanced conversational AI and NLP-driven software, including advanced conversational chatbot Xenioo, and the customer support software system xDesk. Xenioo currently operates over 22,000 chatbots, handles over 10 million messages monthly, and supports over 260,000 conversations per month. The acquisition will enrich LINK's product portfolio and provide significant upsell opportunities to LINK's large customer base.
The Xenioo application is a cloud-based chatbot that includes support for 16 messaging and voice channels, including SMS, RCS, WhatsApp, Facebook Messenger, Instagram, Google Business Messaging, Telegram, web channel, Discord, Slack, Microsoft Teams, Voice, Amazon Alexa, and Google Assistant. xDesk is a conversational based ticketing system for tracking, prioritizing, and solving customer support tickets using both AI and human escalations processes.
"The CPaaS market has evolved beyond basic application programming interfaces (APIs) for messaging and voice capabilities to address more sophisticated use cases that can be tailored to market verticals. I am truly impressed with the innovation that Xenioo delivers to the market. Working together, we will increase our orchestration capabilities of omnichannel services, utilizing AI and NLP technologies", says Guillaume Van Gaver, CEO of LINK.
"New CPaaS use cases have emerged around telehealth, e-commerce, and retail. The acquisition of Xenioo by LINK will allow us to expand our offerings to a wider global customer base while continuing our development of new and innovative services to add value to the customer digitalization journey", says Gianandrea Terzi, CEO of Matelab.
The transaction is expected to close at the end of 2021.
For further information, please contact
Tom Rogn, VP Investor Relations +47 94 85 56 59 tom.rogn@linkmobility.com
About LINK Mobility
LINK is a leading global provider of mobile messaging and communications platform as a service (CPaaS) solutions for increased engagement. The company serves enterprise, SME, and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has 47,000 customer accounts globally and exchanges more than 10 billion messages a year. LINK is listed on the Oslo Stock Exchange under the ticker LINK. For more information about LINK, please see www.linkmobility.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act