Mergers, Acquisitions, and Business Moves by VWO Engage
VWO and AB Tasty Join Forces to Redefine the Future of Digital Experience Optimization - Entrepreneur
VWO and AB Tasty have agreed to merge, creating a digital experience optimization platform with AI capabilities. The combined company will generate over $100 million in annual revenue, serving more t...han 4,000 customers globally. Everstone Capital leads the transaction, investing additional capital. Key executives from both companies will lead the new entity, aiming to enhance customer engagement and expand their technological platform.
Wingify Buys Blitzllama To Give An AI Boost To VWO Platform - Inc42
Wingify has acquired AI startup Blitzllama to enhance its Visual Website Optimiser (VWO) platform. The acquisition aims to integrate AI-driven user feedback into VWOs tools, enhancing user research c...apabilities. Blitzllamas technology will help VWO users quickly translate user inputs into product improvements. The acquisition aligns with Wingify's strategy to boost product intelligence for digital-first businesses.
Wingify's FY25 revenue grew by 34% to Rs 386 crore, driven by its VWO tool, but net profit fell 61% to Rs 24 crore due to rising costs, including an 88% increase in employee expenses. Everstone's acq...uisition of a majority stake in January 2025 marked a significant SaaS deal in India.
Corporate News and Organizational Updates on VWO Engage
Wingify focuses on enterprise sales, aims for 50% revenue contribution by 2027
Wingify is shifting its focus from small and medium businesses to enterprise sales, aiming for 50% revenue from large enterprises by 2027. The company is expanding its global sales team and targeting... deals over $500,000. This strategic pivot follows Everstone Capital acquiring a majority stake, providing Wingify with resources and a broader network to support growth.
