Tech Company M&A Transactions
Eloquent Labs Acquisition
On 5/7/2019, Eloquent Labs was purchased by Square. The companies did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
5/7/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Eloquent's conversational AI services are exactly the kind of technology that can level the playing field for businesses of all sizes by providing sellers efficient ways to interact with their customers. The team will advance messaging across our entire ecosystem, and together we will build tools that leverage the latest in natural language processing research. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Artificial Intelligence
Mailing Address
2000 Bdwy. 370
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Undisclosed
Website
Email Address
Overview
Using state-of-the-art proprietary artificial intelligence technology developed by our rock-star team, we've put together a superhuman virtual customer service rep for eCommerce sites. We call it Jess.
Management Team
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