After its failed attempt to purchase Five9 last year, Zoom is once again looking to bolster its nascent contact center software proposition. Video conferencing giant Zoom has announced it is acquiring Solvvy, a California-based startup which specializes in conversational AI and automation solutions for the contact center. Founded in 2013, Solvvy offers an AI-powered self-service customer support agent aimed at easing the load on customer support teams by dealing with simple requests before handing over to a human agent. Customers include technology companies like Calendly, Calm, Seat Geek, and Scribd. The financial terms of the acquisition have not been disclosed and the deal is expected to close in Q2 of Zoom’s fiscal year 2023, with Zoom incorporating Solvvy’s software and team into its contact center platform offering. This is not the first time Zoom has looked to buy companies operating in the customer experience space. Having announced its intention to move into the contact center space at Zoomtopia in 2021, the failed acquisition of cloud-contact center company Five9 a month later saw Zoom press pause on its plans. Then, in February 2022, Zoom launched its own “video-optimized” contact center platform. in a blog post, president of product and engineering at Zoom, Velchamy Sankarlingam, wrote that the acquisition of Solvvy will help Zoom give customers “automated, integrated, and easy-to-deploy” contact center software. “With our shared focus and priorities, we will be able to capitalize on new opportunities in contact center and customer support, and long-term, we see tremendous potential to unlock new opportunities where highly personalized, video-based service can be a key differentiator,” he wrote. Related content news Businesses lack AI strategy despite employee interest — Microsoft survey Microsoft’s fourth annual Work Trend Index survey shows that workers are coming to grips with generative AI tools, but leaders aren’t convinced they have a proper deployment strategy in place. By Matthew Finnegan May 08, 2024 6 mins Microsoft Generative AI IT Skills news analysis Apple Silicon sets scene for a new AI ecosystem With its new iPads, Apple presses home the message that Apple Silicon is built for AI. By Jonny Evans May 08, 2024 12 mins Apple Generative AI iPad news The CHIPS Act money: A timeline of grants to chipmakers The Department of Commerce is divvying up $52 billion in the hopes of spurring on-shore chip manufacturing in the US. Here's what's been allocated and where the money is going. By Lucas Mearian May 08, 2024 5 mins CPUs and Processors Government Manufacturing Industry reviews Arc browser for Windows — better than Chrome? This might just be the best web browser for power users. But you’ll have to rewire your brain. By Chris Hoffman May 08, 2024 13 mins Windows Browsers Productivity Software Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe