Glassbox (TASE: GLBX), a London, UK-based supplier of AI-powered buyer intelligence options, is to be acquired by Alicorn Enterprise Companions, in an all-cash transaction valued at roughly $150M.
The transaction is anticipated to shut in Q3 2024. Upon completion of the transaction, Glassbox will now not be traded or listed on any public securities trade.
Led by CEO Yaron Morgenstern, Glassbox is a supplier of AI-fueled buyer intelligence options, working with digital manufacturers for his or her firms interact and connections with prospects on-line. It securely captures knowledge throughout digital interactions to grasp the foundation causes behind buyer behaviors, remodeling knowledge into choices so manufacturers can act in mere minutes.
Prospects throughout industries and geographies, together with Marriott Accommodations & Resorts, Quicken, Inc., Credit score.com, Danone, L’Oreal, Nestle, Ace {Hardware}, Air Canada, and banks, use Glassbox to translate buyer insights into enhanced digital experiences, resulting in improved model loyalty, conversions and income.
Alicorn Enterprise Companions has supported the corporate’s progress over the previous years.
FinSMEs
20/05/2024
