Allegiance, Inc. Consolidates the Enterprise Feedback Management Market by Acquiring Inquisite
Corum Group Ltd. today announced the acquisition of its client, Inquisite, Inc. ("Inquisite"), of Austin, Texas by the Allegiance, Inc, of Salt Lake City, Utah ("Allegiance") on July 13, 2009. Allegiance acquired the shares of Inquisite in a strategic transaction, thereby expanding their voice-of-the- customer solutions. Corum Group Ltd., the global leader in merger and acquisition services, specializing in serving software and information technology companies worldwide for nearly 25 years and with offices in eight countries advised Inquisite in the transaction.
SALT LAKE CITY - July 14, 2009 - Allegiance, Inc., a leading provider of voice-of-the customer (VOC) solutions that help companies capitalize on customer and employee engagement, today announced that it has acquired Inquisite, Inc. an innovative provider of online survey software based in Austin, Texas. With the purchase of Inquisite, Allegiance accelerates its leadership position in next-generation Enterprise Feedback Management (EFM) solutions.
Inquisite offers a robust and proven end-to-end survey solution designed for gathering and understanding the opinions and insights of customers, partners and employees. The flexible, self-administered survey product gives users the ability to build higher quality surveys and make better and faster decisions. Inquisite solutions are preferred by a growing customer base of Fortune 500 companies, including AT&T, Chevron, Dell, Intel, Visa, Citi, Johnson & Johnson, Marriott, Dupont, Xerox, SAP, Siemens, USPS, FDIC, REI, GAP, and Target.
"Innovative companies go to all lengths to stay in touch with the opinions and attitudes of their customers," said Adam Edmunds, CEO of Allegiance. "Inquisite solutions add an interesting dimension of self-created and self-administered survey tools. These, combined with Allegiance's centralized listening platform and analytics tools, provide unprecedented options for today's smartest businesses to assess, monitor and respond to customer needs."
About Allegiance, Inc.
Allegiance, Inc. offers next generation feedback management software to help organizations grow customer and employee loyalty and engagement. The Allegiance Engage Software platform facilitates survey creation and gathers responses and unsolicited comments in real-time into a centralized online system, saving time, effort and money. Allegiance solutions measure customer and employee engagement, revealing precise actions to grow engagement and increase revenue. Allegiance Enterprise Feedback Management (EFM), predictive analytics, and professional services combine to help businesses capitalize on engagement. For more information about Allegiance, visit http://www.allegiance.com.
About Inquisite
Inquisite provides comprehensive solutions to facilitate the gathering, understanding and acting upon business-critical data, getting the right information to the right people at the right time. Leveraging Inquisite, critical data can be easily integrated with existing business processes and systems, providing enterprises with the confidence to make the right business decisions to drive their business forward. Headquartered in Austin, Texas, Inquisite sets the pace by providing the best combination of enterprise power, operational simplicity, and measurable value. Across every industry, hundreds of leading organizations around the world use Inquisite for their mission-critical customer and employee loyalty initiatives. For more information, visit www.inquisite.com.
About Corum Group
Corum Group Ltd. is the global leader in merger and acquisition services, specializing in serving software and information technology companies worldwide for nearly 25 years and with offices in eight countries. Experience makes the difference with Corum having completed hundreds of software M&A transactions spanning six continents, enabling the firm to deliver a proven business process for its clients. Corum also educates the industry with its conferences and publishes the most widely distributed software M&A research. Corum's principals are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuation experts. The company has spent more than US $20 million to build the world's largest and most comprehensive buyer database. This knowledge base combined with Corum's experience and industry expertise, consistently ensures unequaled success in client engagements. Seehttp://www.corumgroup.com.