TTEC Holdings Inc., a global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, has agreed to acquire Avtex, a full-service CX technology and service provider. With this acquisition, TTEC expects to further expand its position as a global CX technology provider of end-to-end digital customer experience solutions.
“This acquisition will be transformational for TTEC and will expand our position as the global go-to-partner for holistic, cloud-based customer experience solutions. It will put all of the major Tier 1 CX technologies under one roof and accelerate digital innovation with industry-leading IP, including API integrations, AI/ML and RPA, data analytics, and vertical-specific solutions for fraud, cybersecurity, and automation. The result will create a single source for seamless CX orchestration across every interaction channel that will increase speed-to-market and customer-centric differentiation for our clients,” commented Ken Tuchman, chairman and CEO of TTEC. “This high-growth platform will essentially double our total addressable market by extending our solutions to the thriving mid-market. We are thrilled to be joining forces with this world-class, award-winning organization and look forward to sharing our progress in the months ahead.”