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New Deal


Announced

Completed

Wix.com completed the acquisition of Rise.ai.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Completed

artificial intelligence software

Acquisition

Israel

Friendly

Majority

Software

Private

Single Bidder

Synopsis

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Wix.com, a cloud-based web development services provider, completed the acquisition of Rise.ai, an artificial intelligence solutions provider. Financial terms were not disclosed. "It powers tens of thousands of leading brands with loyalty and Rise.ai re-engagement solutions to grow their businesses," Yair Miron, Founder and CEO.

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