Add-on Acquisition • Information Technology

Zoom.ai Acquires Innohub Inc .

On September 26, 2017, Zoom.ai acquired information technology company Innohub Inc .

Acquisition Context
  • This is Zoom.ai’s 1st transaction in the Information Technology sector.
  • This is Zoom.ai’s 1st transaction in Canada.
  • This is Zoom.ai’s 1st transaction in Ontario.

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M&A Deal Summary

Date September 26, 2017
Target Innohub Inc .
Sector Information Technology
Buyer(s) Zoom.ai
Deal Type Add-on Acquisition

Target Company

Innohub Inc .

Toronto, Ontario, Canada
Innohub, Inc .(SimplyInsight) is a developer of a sophisticated natural language querying technology engine allows employees to request, analyze and visualize internal business data to quickly capitalize on hidden trends and improve organizational productivity. For employees, access to vital statistics can occur in minutes, driving critical business decisions and on-the-go optimization.
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Buyer Overview 1

Buyer

Zoom.ai

Toronto, Ontario, Canada

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

Zoom.ai, Inc. is a developer of an artificial intelligence to create a better workplace, minimize distractions and increase productivity. From high-level executives to the entry-level workers, we believe that everyone should have the right tools to stay engaged and streamline their workflows.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2017 1 of 1