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Cisco Closes the Acquisition of Accompany

Accompany’s CEO, Amy Chang, is now Cisco’s SVP of the Collaboration Technology Group.

On May 10th, 2018 Cisco announced the close of its acquisition of Accompani, Inc., a privately-held company headquartered in Los Altos, CA with an office in Portland, OR and does business under the name of “Accompany.”

Accompany develops a relationship intelligence platform and has built one of the richest databases of decision makers in the world.  Their solutions are AI-driven and are designed to help users stay up to date on executive and company news for the purposes of prospecting, selling and relationship building.

Amy Chang, Accompany founder and CEO is now Cisco’s SVP for the Collaboration Technology Group, and as part of that move, she resigned from Cisco’s Board of Directors at time of announce.

Accompany technology provides Cisco’s Collaboration portfolio with relationship intelligence capabilities and talent. Accompany’s technology will help enhance the Cisco Webex platform and suite of services by adding intelligence and contextual user information into meeting and team collaboration experiences. This application can also potentially be extended into the Customer Journey solutions portfolio enabling customer service teams to have better insights on customers prior to their interactions.

The acquisition of Accompany will enable Cisco to utilize expert AI technology and talent to accelerate development across the collaboration portfolio. Upon completion of the transaction, Accompany employees will join Cisco's Collaboration Technology Group under Amy’s leadership.

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Q: What is Cisco acquiring?
A:
 Cisco is announcing the close of its acquisition of Accompani, Inc., which has a relationship intelligence platform for staying up to date on executive and company news for the purposes of prospecting, selling and relationship building and is headquartered in Los Altos, CA. The company does business under the name “Accompany.”

Q: Can you explain Accompany’s offering?
A:
 Accompany creates AI-driven products for finding new prospects, selling and strengthening relationships. It is built on one of the richest databases of decision makers in the world.

With 270M+ people profiles and 23M+ company profiles on its data platform, Accompany’s offering targets three primary verticals:

  • Financial Services: Identify prospects and connection paths to grow AUM.
  • Professional Services: Deliver real-time competitive intelligence and insights to enhance client relationships.
  • Enterprise Sales: Track news on people and companies to gain insight into the landscape of key accounts.

Q: How does Accompany benefit Cisco?
A:
 Accompany provides Cisco’s Collaboration portfolio with relationship intelligence capabilities and talent. Accompany’s technology will help enhance the Cisco Webex platform and suite of services by adding intelligence and contextual user information into meeting and team collaboration experiences. This application can also potentially be extended into the Customer Journey solutions portfolio enabling customer service teams to have better insights on customers prior to their interactions.

 

Accompany Customers:
If you are an existing customer or partner of Accompany and have questions about your product or service, please continue to contact your existing Accompany sales representative.

Cisco Customers:
If you are an existing customer or partner of Cisco and have questions about your product or services, please continue to contact your existing Cisco sales representative.

Acccompany customers should continue to use the existing process for support on installed Accompany technology. Cisco will notify you in advance of any change to the support process.

Better Together


Strengthening Cisco’s Collaboration Innovation
Together, Cisco and Accompany will continue to power the future of work in a smarter way, resulting in enhanced customer experiences