Zendesk to acquire SurveyMonkey’s parent company Momentive

Zendesk to acquire SurveyMonkeys parent company Momentive-01

Zendesk and software firm Momentive have entered into a purchase agreement that will see the former company buy the latest, including its SurveyMonkey testing platform, in the hope that it will allow Zendesk customers to “build meaningful relationships”.

In terms of legal approval, the agreement is expected to be finalized in the first half of next year. Once completed, it will result in Zendesk shareholders becoming almost 78% of the company’s shareholders and Momentive shareholders will be approximately 22% shareholders.

According to Zendesk, the move will help the company reach its $ 3.5 billion target by 2024.

Source: https://www.zdnet.com/article/zendesk-to-buy-surveymonkeys-parent-company-momentive/

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.

Previous articleNCS gains cloud consultancy to drive Australia growth
Next articleThree Reasons Top Performing Employees Leave