Business
Facebook to acquire Kustomer in $1 billion deal
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
Facebook Inc (NASDAQ: FB) announced in a blog post on Monday that it would acquire privately held start-up Kustomer. The company provides a customer-relationship management (CRM) platform that helps businesses manage customer communications across a variety of channels.
The price of the deal wasn’t disclosed but was reportedly worth just over $1 billion, according to a report in The Wall Street Journal, citing “people familiar with the matter.”
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