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Technology M&A image Technology M&A » By The Online Investor Staff, updated Sun., Aug. 9, 10:32 AM Recent mergers and acquisitions in the Technology M&A category.

Slide #52. Interactive Intelligence OrgSpan

Acquirer: Interactive Intelligence (ININ)
Acquiree: OrgSpan
Details: Interactive Intelligence Group Inc. (NASDAQ:ININ), a global provider of software and services designed to improve the customer experience, has entered into a letter of intent to acquire OrgSpan Inc., a privately held company that offers cloud-based enterprise social communications solutions.

Interactive Intelligence Group is a provider of software and cloud services for customer engagement, communications and collaboration. Co. provides three types of products: on-premises software; a single-tenant cloud service; and a multi-tenant cloud service. Co.'s offerings are used in a variety of vertical industries, including accounts receivable management, banking, government, healthcare, insurance, manufacturing, outsourcing, utilities and retail, among others. Co. invests in the development of both its on-premises and cloud offerings, with particular emphasis on its cloud services delivered by its PureCloudsm platform.

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Company Name: 
Interactive Intelligence Group Inc
Website: 
www.inin.com
Sector: 
Application Software
 

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Hold (2.11 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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