Akixi, a leading provider of customer engagement analytics for cloud communications platforms, is pleased to announce a significant strategic investment in Mondago, a prominent provider of CRM integration solutions for communications platforms. This collaboration further strengthens both companies position in the market, combining their portfolio of value-added services attached to cloud communications platforms, and leveraging synergies that will position the combined business at the forefront of innovation.
Andrew Reilly, CEO at Akixi commented:
“Mondago share Akixi’s vision of providing a common suite of value-added services across cloud communication platforms. By combining our resources, we will deliver a richer set of capabilities to service providers with a common provisioning model, accelerating time to market. I’m looking forward to working closely with the Mondago team.”
Alex Rogers, CEO at Mondago said:
“Akixi and Mondago have been extremely successful in creating value-added services attached to the major cloud communications platforms. Now we are working together, there will be extensive scope to accelerate innovation, especially in the linkage of contextual information with engagement analytics. I’m personally excited by the potential of the combined business.”
Matt Townend, Director of Cavell Research commented:
“Service providers are actively exploring opportunities to support various cloud communication platforms like Teams, Webex, and Zoom, and to build portfolios of value-added services on top of them. The collaboration between Akixi and Mondago aligns perfectly with the vision of establishing a set of services that can drive incremental ARPU & differentiation in conjunction with these platforms.”
Marcus Allchurch, Managing Partner at Acuity Advisors added:
“I am delighted to have advised the shareholders of Mondago on its strategic investment from Akixi. This is another great example of Acuity’s leading position in the Cloud Comms market.”
Acuity Advisors and Q Advisors, a global TMT investment banking alliance, acted as exclusive financial advisors to Mondago in the transaction.