MARKET MOVEMENT
Unifonic buys Sestek
Unifonic , a communications platformas-a-service ( CPaaS ) provider in the Middle East , has announced the acquisition of Sestek , an R & D-focused AI-powered conversational automation company . The transaction was closed on the 12th of October 2022 .
Ahmed Hamdan , Co-founder and CEO , Unifonic , said : “ Unifonic and Sestek share an ongoing commitment to disrupting the fastgrowing and evolving customer engagement space . Sestek ’ s omnichannel and AI-powered conversational automation solutions significantly enhance Unifonic ’ s product portfolio . With our combined technology and go-to-market capabilities , we will continue to deliver on our growth objectives , while effectively leveraging Sestek ’ s capabilities across our clientele and strategic markets .”
“ We are excited to embark on this next phase of growth alongside the Unifonic team ,” said Prof . Levent Arslan , Sestek Founder and CEO . “ We have been impressed by Unifonic ’ s ability to rapidly scale its business while continuing to provide best-in-class , transformative CPaaS solutions for customers . We look forward to leveraging the combined capabilities of our platforms and go-to-market capabilities to provide enterprisegrade , omnichannel customer engagement technology solutions to a global clientele .”
Stefan Carlsson , CFO , Unifonic , said : “ The acquisition of Sestek is a very logical and exciting next step in our growth trajectory , as we continue to expand our suite of customer engagement products and geographic reach .”
From left : Ahmed Hamdan , Co-Founder and CEO , Unifonic , and Prof Levent Arslan , Founder and CEO , Sestek
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Graphisoft to acquire Abvent French and Swiss Archicad business units from AV-Tech Group
Graphisoft , a building information modeling ( BIM ) software solutions developer for architecture and engineering , has announced it has signed a sale and purchase agreement with AV-Tech Group to acquire Abvent ’ s Archicad business units in France and French-speaking Switzerland . The acquisition is another milestone in Graphisoft ’ s journey as a global player in the
AEC industry by investing in the growth of two of Europe ’ s most influential markets .
Abvent has been Graphisoft ’ s valued distributor in France since 1985 and in French-speaking Switzerland since 1991 .
“ Abvent has built an impressive business based on local market knowledge and deep relationships with users by offering outstanding service and support ,” said Huw
Roberts , Graphisoft CEO . “ This acquisition strengthens our position in these already highly successful French-speaking markets by integrating Abvent ’ s many years of deep local experience with Graphisoft ’ s global go-to-market expertise and best practices to add even more value for architects in the region ,” he added .
“ This is exciting news for both companies ,” said Xavier Soule , AV-Tech Group CEO . “ We are proud of the work we have done in France and Switzerland to grow the use of BIM and are confident that our customers will greatly benefit from Graphisoft ’ s hands-on approach to support , services , and long-term vision and mission in the AEC industry .”
From design to operation , AV-Tech also develops and publishes BIMoffice and Linkioo , unique solutions linked to prominent CAD modelers dedicated to architecture practices and project management . •
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