M&A Deal Summary

Evolve IP Acquires Jog.ai

On April 1, 2019, Evolve IP acquired software company Jog.ai

Acquisition Highlights
  • This is Evolve IP’s 1st transaction in the Software sector.
  • This is Evolve IP’s 9th transaction in the United States.
  • This is Evolve IP’s 2nd transaction in Texas.

M&A Deal Summary

Date 2019-04-01
Target Jog.ai
Sector Software
Buyer(s) Evolve IP
Deal Type Add-on Acquisition

Target

Jog.ai

Austin, Texas, United States
Jog.ai is a speech analytics and natural language technology firm. Jog.ai application creates a visual, interactive 'screenplay' that links call audio and text transcription together. Jog.ai was founded in 2016 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Evolve IP

King of Prussia, Pennsylvania, United States

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Evolve IP provides organizations with a unified option for cloud services, including unified communications, contact center, managed network, and cloud computing technologies. Evolve IP was founded in 2007 and is based in King of Prussia, Pennsylvania.


DEAL STATS #
Overall 11 of 11
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 11 of 11
State: Texas M&A 2 of 2
Country: United States M&A 9 of 9
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-20 AiTech

Edina, Minnesota, United States

AiTech is a provider of unified communications, IP phone systems and data solutions leveraging Broadsoft's [Cisco's] blue-chip UCaaS platform. AiTech was founded in 1993 and is based in Edina, Minnesota.

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