Business
Acquisition of RPA technology provider
Acquisition of RPA technology provider.
About this update from Netcall Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8500B\n Netcall PLC\n 13 October 2020\n \n \n \n \n \n \n \n \n \n \n 13 October 2020\n \n \n \n \n \n NETCALL PLC\n \n \n \n \n \n (\"Netcall\", the \"Company\", or the \"Group\")\n \n \n \n \n \n Acquisition of RPA technology provider\n \n \n Netcall adds AI powered RPA to its Liberty platform\n \n \n \n \n \n Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, is pleased to announce the acquisition of Oakwood Technologies BV (trading as 'Automagica'), a Belgium-based provider of AI powered Robotic Process Automation (RPA) software, for an initial cash consideration of €1.2 million plus earn-out consideration of up to €1.8 million (the 'Acquisition'). \n \n \n \n \n \n The Acquisition will provide Netcall with a significantly expanded market opportunity, broadening its digital transformation offering. Netcall intends to integrate Automagica's RPA solution into its Liberty platform making it a one-stop shop for process automation and customer engagement, blending Low-code, RPA, chatbots, digital messaging and contact centre solutions. \n \n \n \n \n \n Automagica (\n \n \n www.automagica.com\n \n ) provides widely used commercial and open source RPA software. The software has been downloaded over 100,000 times, with approximately 100 organisations per month signing up to its free-to-use portal, and customers including Ghent Hospital AZ Maria Middelares and Live Nation. RPA 'robots' are used to automate manual processes, leading to increased efficiency, speed and accuracy. \n \n \n \n \n \n According to Gartner, the RPA software market is expected to reach $2 billion in 2021*, with many organisations still in the early stages of their automation journey. \n \n \n \n \n \n Netcall's customers will be able to add RPA subscriptions to the Liberty platform and will benefit in a number of areas including:\n \n \n \n \n \n · \n \n Unified automation: \n \n Liberty will merge Low-code and RPA via a new RPA Studio enabling unified deployment and governance of Low-code and RPA solutions across the enterprise. \n \n \n \n \n \n · \n \n Digital communications integration\n \n : Liberty will enable deployment of RPA to support customer interactions such as self-service and automated chat...