Pegasystems Acquires In The Chat For Customer Service Automation

5/16/19

Summary

  • Pegasystems has announced the acquisition of In The Chat for an undisclosed sum.
  • In The Chat has created chat bot technologies enhanced by machine learning.
  • PEGA gains a more robust digital customer service capability with the deal, the integration of which it intends to showcase at its PegaWorld conference in early June.
  • This idea was discussed in more depth with members of my private investing community, IPO Edge. Start your free trial today »

Quick Take

Pegasystems (PEGA) announced it has acquired In The Chat for an undisclosed amount.

In The Chat [ITC] gives organizations the means to accept customer service requests through chat bots via various digital communication channels.

PEGA gains a more capable chat bot offering as it seeks to provide its clients with machine-learning-enhanced customer service capabilities.

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