MDLA - Medallia Acquires Zingle For Industry Vertical Customer Engagement Tech
Quick Take
Medallia (MDLA) recently announced it has acquired Zingle for $42 million.
Zingle provides a real-time customer engagement solution to the hospitality, travel and retail industry verticals.
With the deal, MDLA gains access to Zingle’s industry focus and machine learning technologies for increasing client revenue potential by driving improved customer experiences in real-time.
Target Company
Carlsbad, California-based Zingle was founded in 2009 to develop solutions to improve hospitality, travel and retail real-time customer engagement.
Management is headed by Founder and CEO Ford Blakely, who was previously Senior Management Consultant at LECG