techcrunch.com
Indian firm Wingify and France’s AB Tasty are merging into a digital experience optimization company valued at over $100 million, backed by private equity firm Everstone Capital. The deal sees Everstone consolidating its portfolio just a year after acquiring a controlling stake in Wingify for $200 million.
The new entity, combining Wingify’s 3,000+ clients with AB Tasty’s 1,000+, will generate over $100 million in annual revenue and serve 4,000+ global customers. Wingify co-founder Sparsh Gupta will serve as CEO of the merged business, which will remain profitable and is headquartered in New Delhi. The merger aims to create an integrated, AI-ready platform to compete with giants like Adobe and Optimizely, with no layoffs planned.
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