Web.com acquires venture-backed Acquisio to leverage AI
Web.com Group Inc (Nasdaq: WEB) has acquired the assets of Acquisio Inc, a Brossard, Québec-based provider of software that facilitates customer acquisition using advertising platforms. No financial terms were released. Web.com, a U.S. internet services company, said the deal gives it access to "award-winning artificial intelligence technology" that Acquisio has made available to small businesses. Acquisio was founded in 2003 by CEO Marc Poirier and CTO Richard Couture. It has been backed by Canadian investors, including Emerillon Capital, Fonds de solidarité FTQ, Tandem Expansion Fund and Wellington Financial.
1 November 2017•3 mins read
