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| [August 09, 2012] |
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Interactive Intelligence Acquires Bay Bridge Decision Technologies
INDIANAPOLIS & ANNAPOLIS, Md. --(Business Wire)--
Interactive Intelligence (News - Alert) Group Inc. (Nasdaq: ININ), a global provider of
unified IP business communications solutions, has signed a purchase
agreement to acquire Bay
Bridge Decision Technologies.
Bay Bridge (News - Alert), the leading U.S. supplier of contact center forecasting,
capacity planning and strategic analysis technology, was purchased in an
all-cash transaction effective Aug. 1, 2012.
Bay
Bridge is a privately-held company founded in 2000. Its long-term
forecasting and planning technology helps contact centers optimize
delivery strategies, agent resources, and performance by getting the
right number of agents, in the right place, at the right time, to
deliver better service.
"This acquisition enables us to bridge the gap between our basic
workforce management features, and the advanced forecasting and planning
capabilities in the Bay Bridge products, so we can now offer a true
strategic planning solution for mid-size and large contact centers,"
said Interactive Intelligence founder and CEO, Dr. Donald E. Brown. "As
the leading vendor in its industry, supplying the kind of advanced
functionality required by the world's top brands, Bay Bridge makes for
an ideal acquisition that will help our customers further streamline
their technology sourcing and implementations, while giving them even
greater return-on-investment."
Under the terms of th agreement, Bay Bridge will continue to sell and
support its CenterBridge®
family of long-term forecasting, analysis and planning products, while
separately applying its patented forecasting technology and operations
research expertise to advance the functionality of the Interactive
Intelligence workforce management product, Interaction
Optimizer®.
Interactive Intelligence customers will be able to purchase the Bay
Bridge products and integrate them to Interaction Optimizer®,
or any third-party WFM solution already in use.
Customers using Bay Bridge products will continue to be serviced by
their existing support staff, which, over time, will be incorporated
into the Interactive Intelligence support organization.
Interactive Intelligence will maintain the Bay Bridge office in
Annapolis, Maryland.
For more information about the acquisition, visit http://www.inin.com/Pages/BBDT.aspx.
Interactive Intelligence will provide more detailed information in its
third-quarter Form 10-Q, which it expects to file with the Securities
and Exchange Commission in November 2012.
About Interactive Intelligence
Interactive Intelligence Group Inc. (Nasdaq: ININ) is a global provider
of contact center automation, unified communications, and business
process automation software and services. The company's unified IP
business communications solutions, which can be deployed on-premise or
via the cloud, are ideal for industries such as financial services,
insurance, outsourcers, collections, and utilities. Interactive
Intelligence was founded in 1994 and has more than 4,500 customers
worldwide. The company is among Forbes Magazine's 2011 Best Small
Companies in America and Software Magazine's 2011 Top 500 Global
Software and Service Providers. It employs more than 1,000 people and is
headquartered in Indianapolis, Indiana. The company has offices
throughout North America, Latin America, Europe, Middle East, Africa and
Asia Pacific. Interactive Intelligence can be reached at +1 317.872.3000
or info@inin.com; on the Net: www.inin.com.
This release may contain certain forward-looking statements that involve
a number of risks and uncertainties. Factors that could cause actual
results to differ materially are described in the company's SEC (News - Alert) filings.
Interactive Intelligence is the owner of the marks INTERACTIVE
INTELLIGENCE, its associated LOGO and numerous other marks. All other
trademarks mentioned in this document are the property of their
respective owners.
ININ-G

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