Zendesk to buy Momentive

Zendesk will acquire Momentive, which owns the SurveyMonkey platform, with the deal targeted to be completed in the first half of 2022.

The companies’ respective sizable customer bases and complementary capabilities are expected to provide significant opportunity for joint product adoption and increasing Momentive’s enterprise traction.

“We’re very excited to have them join the Zendesk mission along with Momentive’s market research and insights products and together create a powerful new customer intelligence company. We will deliver a rich, colorful picture of every customer so businesses really understand their customers and can build more authentic relationships,” said Mikkel Svane, CEO & Founder, Zendesk.

“The synergies between our companies are proximate and compelling. We are uniquely positioned to make customer intelligence a reality ​​while delivering significant value for our shareholders,” said Zander Lurie, CEO of Momentive, who will continue to lead the company after the acquisition.

Photo: energepic.com from Pexels

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