LivePerson Acquires e-bot7

LivePerson, a provider of conversational artificial intelligence, has acquired German conversational AI company e-bot7. Financial terms of the deal were not disclosed.

The strategic acquisition propels LivePerson's self-service capabilities and continued growth across Europe.

Combining e-bot7's technology and LivePerson's will accelerate the speed at which companies can deploy and train AI-powered conversations.

"LivePerson and e-bot7 share a strategic vision for transforming commerce and care through trusted conversational AI," said Rob LoCascio, founder and CEO of LivePerson, in a statement. "e-bot7's team and tech will help us make it faster and easier for brands to connect with customers in the channels they love best. We're excited for their talented colleagues to join us and catalyze our EMEA partnerships with even more of the region's signature brands."

"We're excited for e-bot7 to join LivePerson in expanding the reach of conversational AI to EMEA's most influential and innovative brands," said founders Fabian Beringer, Xaver Lehmann, and Maximilian Gerer, in a statement. "Conversational interfaces present transformative opportunities. In bringing our companies together, we're making intuitive, authentic conversations throughout the entire customer lifecycle more accessible to brands of all kinds and sizes.