Hubspot Acquires Chatbot Startup Motion AI at an Undisclosed Amount
News of another big acquisition is buzzing around. Hubspot has acquired Chatbot builder startup Motion AI in by paying an undisclosed amount.
Hubspot Acquires Motion AI
The startup was founded in 2015 and was indulged in developing editors for building chatbots that work on websites, Facebook Messenger, SMS and Slack without coding. It has recently raised funding from Charge Ventures, Crush Ventures and others.
Even before acquiring the startup, HubSpot had already integrated the tool into HubSpot Free CRM. Once the acquisition completes, the entire Motion AI team, including founder and CEO David Nelson, will be the part of HubSpot. More on the acquisition including the integration plan would be detailed at HubSpot’s Inbound event next week.
While announcing the merger, HubSpot CEO Brian Halligan said:
“It’s impossible to ignore the impact of chat and messaging, not just on the way B2B companies operate, but on society as a whole. We’re in the midst of a massive shift as businesses embrace this new platform and consumers come to expect more immediate, always-on communication from brands.”
As already stated, the financial terms of the merger are unknown.
Source: Techcrunch
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