A software provider that helps small businesses acquire customers online has itself been acquired.
Brossard-based Acquisio Inc. has been acquired by US internet services company Web.com Group, Inc.
No financial terms were released, but Web.com says the acquisition will give it access to the award-winning artificial intelligence technology Acquisio has made available to small businesses.
Founded in 2003 by CEO Marc Poirier and CTO Richard Couture, Acquisio has previously been backed by such Canadian investors as Emerillon Capital, Fonds de solidarité FTQ, Tandem Expansion Fund and Wellington Financial.
Acquisio is an Artificial Intelligence (AI)-based software that offers search, social, and display advertising for marketing agencies, local SEM resellers and automotive businesses.