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Confirmit Expresses Intention to Merge with FocusVision
The merger harnesses the scale as well as the scope of two complementary organizations. Both have invested in technology, people, and service in recent years, shaping individual aspects of the market research, customer, and employee experience industries.
FREMONT, CA: Confirmit, a leading provider of solutions that empower Market Research, Customer Experience, and Employee Engagement teams to turn insights into stories that fuel action, has declared its intention to merge with FocusVision, a leading provider of customer insights technology. The merger is conditioned on receipt of regulatory approvals as well as is expected to close in the second quarter of 2021.
The merger harnesses the scale as well as the scope of two complementary organizations. Both have invested in technology, people, and service in recent years, shaping individual aspects of the market research, customer, and employee experience industries. The combined group is expected to:
• Boost growth by creating a one-stop-shop of complementary solutions offering greater benefits to customers.
• Fuel innovation and investment in top-notch technology solutions; data collection, analytics, reporting, and action capabilities - underpinned by a global professional services organization
Kyle Ferguson, Chief Executive Officer, Confirmit, stated, "At Confirmit, we imagine a future where every action is initiated by the right decision at the right time. No data silos. No unknowns. Just accurate, visual insights, in real time, helping to make businesses smarter. This merger will make that a reality. Together we will make the complex simple – from data collection to analysis, turning insights into stories that fuel action. We will create a truly world class, leading edge organization, that brings real value to our clients and colleagues alike."
Chris Nagy, Chief Executive Officer, FocusVision, stated, "The merger of Confirmit and FocusVision is a perfect fit and heralds an exciting, new dynamic for the global insights industry. Customers can expect their needs to be exceeded. We are complementary on every level and together we will be a great company, focused on excellence in everything we do."