Business
Wishpond to Acquire PersistIQ Inc. - a Cutting Edge Sales Automation Technology Company
Wishpond to Acquire PersistIQ Inc. - a Cutting Edge Sales Automation Technology Company ...
About this update from Wishpond Technologies Ltd.
[{"type":"text","content":"\n \n \n \n Wishpond to Acquire PersistIQ Inc. - a Cutting Edge Sales Automation Technology Company\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Profitable Silicon-valley based acquisition expands Wishpond's technology and capabilities into the complementary sales automation market.\n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./\n \n \n \n VANCOUVER, BC\n \n ,\n \n Jan. 12, 2021\n \n /CNW/ -\n \n Wishpond Technologies Ltd\n \n . (TSXV: WISH) (\"\n \n Wishpond\n \n \" or the \"\n \n Company\n \n \"), a provider of marketing-focused online business solutions, is pleased to announce that it has entered into an arm's length letter of intent (the \"\n \n Agreement\n \n \") with the shareholders of PersistIQ Inc. (\"\n \n PersistIQ\n \n \") whereby Wishpond has agreed to acquire, through its wholly owned subsidiary, all of the equity interests of PersistIQ (the \"\n \n Transaction\n \n \"). Based out of San Mateo, California, PersistIQ is a Software-as-a-Service (SaaS) company providing sales engagement technologies to empower salespeople and entrepreneurs.\n \n \n \n \n \n \n \n \n \n \"We are very excited about the technology that PersistIQ has developed and believe that it will help to build on the marketing products and services already provided by Wishpond,\" said Ali Tajskandar, Wishpond's Chairman and CEO.  \"This acquisition is another step towards our objective of acquiring additional sales and marketing technology and services companies in\n \n North America\n \n to accelerate Wishpond's growth.\"\n \n \n PersistIQ, founded in 2014, is a developer of a sales automation software designed to unify sales communication and workflow into one easy to use system. PersistIQ has committed significant resources into developing a robust sales automation and communication platform with highly advanced functionality.  The company's software aids in shortening the sales cycle, enables enterprises to easily personaliz...