M&A Deal Summary

Pegasystems Acquires Qurious.io

On January 11, 2021, Pegasystems acquired internet software and services company Qurious.io

Acquisition Highlights
  • This is Pegasystems’ 2nd transaction in the Internet Software and Services sector.
  • This is Pegasystems’ 7th transaction in the United States.
  • This is Pegasystems’ 2nd transaction in California.

M&A Deal Summary

Date 2021-01-11
Target Qurious.io
Sector Internet Software and Services
Buyer(s) Pegasystems
Deal Type Add-on Acquisition

Target

Qurious.io

San Francisco, California, United States
Qurious.io, Inc. is a cloud-based real-time speech analytics solution powered by artificial intelligence (AI) for customer service teams. Qurious.io's software-as-a-service (SaaS) offering uses speech-to-text, natural language processing (NLP), and emotion detection capabilities to analyze the dialog within each customer service call as it happens. Qurious.io is based in San Francisco, California.

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Buyer(S) 1

Buyer

Pegasystems

Cambridge, Massachusetts, United States

Category Company
Founded 1983
Sector Software
Employees5,443
Revenue 1.5B USD (2024)
DESCRIPTION

Pegasystems is a developer of software application services. Pegasystems was founded in 1983 and is based in Cambridge, Massachusetts.


DEAL STATS #
Overall 10 of 10
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 10 of 10
State: California M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-01 Ultima Business Solutions

Reading, United Kingdom

Ultima Business Solutions is a digital transformation specialist, offering end-to-end tailored IT solutions, leveraging its deep infrastructure, professional and managed services capabilities. Ultima Business Solutions was formed in 1990 and is based in Reading, United Kingdom.

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