Vector Capital Completes Acquisition of Bigtincan Holdings
Summary
As a result of the consummation of the acquisition, Bigtincan’s shares of common stock will no longer be listed on the Australian Securities Exchange Ltd (“ASX”) and the Company will operate as a privately held entity. Rob Amen, Managing Director at Vector Capital, said, “Bigtincan has developed a truly unique platform that enables businesses and their customer-facing teams to supercharge sales and communications though AI and other innovative tools. We are confident the business is poised to benefit from multiple tailwinds, including the acceleration of AI adoption, demand for automated and personalized customer experiences, and the rise of vertical-specific SaaS solutions. Vector Capital has a proven track record of helping software and technology businesses achieve greater scale and identify creative ways to enhance go-to-market strategies. Innovative companies like Nike, AT&T, Prudential, Merck, Winnebago, and Clorox trust Bigtincan to enable customer-facing teams to intelligently prepare, engage, measure, and continually improve the buying experience for their customers.
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