The company is valued at more than $20 billion, and has changed hands several times since it was founded. Zoominfo, which was founded by Yonatan Stern, itself has Israeli roots. It provides insights that enable revenue teams to listen to previous conversations, learn from them, win business, and repeat these actions across all customer deals. “The acquisition expands ZoomInfo’s total addressable market to $70 billion, and is expected to be accretive to growth immediately, generate positive adjusted operating income within 12 months, and be accretive to cash flow in the second half of FY 2022,” Zooinfo said in a statement.įounded in 2015, Chorus uses machine learning and artificial intelligence to capture and analyse customer calls, meetings, and emails. Zoominfo will fund the acquisition in part with cash on hand and also via a $500 million financing. Zoominfo said it will acquire all the assets and specified liabilities of the 200-employee company in an all-cash deal that includes a $100 million tax break. US-based business intelligence firm Zoominfo has acquired Israeli-origin conversation intelligence startup Chorus.ai for $575 million.
0 kommentar(er)
