Confirmit plans merger with FocusVision
Confirmit, a provider of solutions that enable market research, customer experience, and employee engagement teams to turn insights into stories that fuel action, plans to merge with FocusVision, a provider of customer insights technology. The merger is dependent on receipt of regulatory approvals and is expected to close in the second quarter of 2021.
According to the companies, they both have invested in people, technology, and service in recent years, shaping individual aspects of the market research, customer and employee experience industries.
The merger of the two companies is expected to accelerate growth by creating a one-stop-shop of complementary solutions offering greater benefits to customers and also elevate innovation and investment in best-of-breed technology solutions; data collection, analytics, reporting and action capabilities—underpinned by a global professional services organization
The merger will also combine each company's infrastructure and technology capabilities to maximize efficiencies and deliver opportunities through driving operational efficiencies and best in class product and enable Confirmit and FocusVision to take advantage of complementary geographical footprint to better serve the expanded customer base
"At Confirmit, we imagine a future where every action is initiated by the right decision at the right time," said Kyle Ferguson, CEO, Confirmit. "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."
"The merger of Confirmit and FocusVision is a perfect fit and heralds an exciting, new dynamic for the global insights industry," added Chris Nagy, CEO, FocusVision. "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."
The transaction is dependent on receipt of regulatory approvals and is expected to close in the second quarter of 2021. For more information, go to www.confirmit.com and www.focusvision.com.