The Wire (Page 299)

WALLDORF, Germany March 13, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP), today announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, "Silver Lake") as well as Canada Pension Plan Investment Board (CPP Investments). At a purchase price of US $18.15 in cash per share, the transaction corresponds to a Qualtrics equity value of approximately US$12.5 billion on a fully diluted basis, representing a 73% premium over the 30-day average trading price prior to SAP's announcement to explore a sale (approx. 62% premium relative to the unaffected closing price on January 25, 2023).

Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) today announced that it has reached a comprehensive multi-year distribution agreement with YouTube TV to launch 59 stations on its platform, including its 29 CW-affiliated television stations, its 26 MyNetworkTV affiliates, and its four independent stations in Chicago, Washington, D.C., Oklahoma City, and Baton Rouge. The agreement also renews and extends YouTube TV’s carriage of America’s fastest-growing cable news network, NewsNation, which is home to such shows as “Cuomo,” “Dan Abrams Live,” and “Banfield. ” In addition, Nexstar extended carriage of all of the Company’s CBS-affiliated stations on YouTube TV.

LinkLive, a leading cloud-based Contact Center as a Service (CCaaS) provider, has partnered with Kasisto, creators of KAI, the leading digital experience platform for the financial services industry, to embed KAI into the LinkLive platform. This deeper partnership of two best-in-class platforms will accelerate the adoption of both platforms at financial institutions across the U.S. and help these clients to deliver exceptional customer experience through every digital channel. “We are very excited to embed KAI into the LinkLive library of AI capabilities and to expand the digital customer service features for our clients,” said Perry Price, CEO of LinkLive. “By combining the secure, digital-first nature of LinkLive with the intelligence of KAI, we enable our customers to deliver personalization at scale, reduce costs and maintain the human touch essential for regional banks and credit unions.” This partnership is ideal for financial institutions facing challenges on three fronts: staffing shortages, high customer expectations and the potential for a recession.

Digital experience company Acquia today announced new integrations for its digital asset management platform, Acquia DAM (formerly Widen Collective ®), to enable customers to create a more efficient, automated content supply chain. These new integrations give customers more control over brand consistency, extend the value of content and data created in other systems, and help marketers and content creators become more productive.

Openstream.ai, the leading provider of Conversational AI and Virtual Assistant solutions, today announced that Gartner has named Openstream.ai and its Enterprise Virtual Assistant (Eva ™) as the only “Visionary” in the analyst firm’s 2023 Magic Quadrant for Enterprise Conversational AI Platforms 1. Gartner evaluation is based on specific criteria that the firm used to analyze Openstream.ai’s overall completeness of vision and ability to execute.

Intellitech Solutions, a leading lead generation agency, is announcing its plan for increased sales amid the challenges posed by the current economic downturn. As businesses continue to face unprecedented economic challenges, Intellitech Solutions is dedicated to helping companies drive sales and generate revenue by providing innovative lead-generation solutions.

Forethought, the leading generative AI for customer support automation, today announced the launch of SupportGPT™, the world’s first generative AI platform for customer support. With the help of OpenAI’s technology, Forethought brings groundbreaking generative AI capabilities to the customer support experience.

ALL3D, a Bay Area-based technology company focused on Computer-Generated Images (CGI) and AI, has recently secured funding from HearstLab, an investor focused on supporting innovative women-led startups. The B2B SaaS company brings a user-friendly, web-based solution to retailers, wholesalers, designers, and brands — all of whom previously depended on expensive photoshoots, specialized skillsets, and complex 3D modeling software to generate high-quality digital assets.

Novatech, the nationwide managed office provider and core portfolio company of Trivest Partners, a leading founder-friendly private investment firm, has announced the acquisition of ACT Business Machines, a Tennessee-based business technology provider specializing in Managed Print, copiers/printers, IT Services, and Cloud technologies. Novatech & ACT Business Machines Combine Forces For over five decades, ACT Business Machines has been focused on delivering world-class business technology products and services to the Chattanooga Area Business Community.

AiAdvertising, Inc. (OTC: AIAD), a next-generation AdTech company focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) for today's marketing leaders, announced today that it has become a Google Premier Partner. The partnership demonstrates AiAdvertising's belief in the power of marketer + machine and dedication to propelling traditional advertising into the future. "We are thrilled to be recognized as a Google Premier Partner," said Jerry Hug, CEO of AiAdvertising. "Many businesses can become a Google Partner, but only 3% of Google Partners are recognized as Premier Partners — we’re excited to be one of the few." As a Google Premier Partner, AiAdvertising gains access to Google's most advanced technologies and tools, which the company can leverage to provide even greater value to clients.