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TheStreet Open House

LivePerson To Acquire Australia-based Customer Contact Solutions Provider

Stocks in this article: LPSN

NEW YORK, Nov. 6, 2012 /PRNewswire/ --  LivePerson, Inc. (NASDAQ: LPSN), a leading provider of real-time engagement solutions, today announced that it has signed a definitive agreement to acquire ENGAGE Pty Ltd., an Australian provider of cloud-based customer contact solutions.  The transaction is expected to close during the fourth quarter of 2012. 

(Logo:  http://photos.prnewswire.com/prnh/20110105/NY24753LOGO-a )

"Our acquisition of ENGAGE will enhance our ability to offer intelligent engagement solutions to businesses in the Asia Pacific region," said Robert LoCascio, CEO and Founder of LivePerson. "ENGAGE has been a reseller and champion of LivePerson solutions for several years, in addition to having its own successful hosted contact center solutions, which complement LivePerson's offerings. Our common mission to help businesses connect meaningfully with consumers makes the ENGAGE team a natural addition to the LivePerson family, and a valuable asset as we seek to drive growth in the region." 

ENGAGE is an Australian customer contact solutions business, established in partnership with the Clemenger Group (a BBDO/Omnicom company), supporting the sales and service strategy of enterprise level companies to meet changing consumer needs and expectations. ENGAGE provides sophisticated cloud-based services that uniquely support several customer contact solutions including voice, live chat, SMS and social media, allowing businesses to connect with consumers in multiple channels.

"Our team has twenty years of experience providing leading companies in the Asia Pacific region with innovative contact center services and technologies," said, ENGAGE Managing Director Aaron Panozza. "We are very excited to join LivePerson, and together we will continue to enable clients to exceed consumer expectations, by providing real-time connections in the consumer's channel of choice, anywhere and anytime."

About LivePerson

LivePerson, Inc. (Nasdaq: LPSN) offers a cloud-based platform that enables businesses to proactively connect in real-time with their customers via chat, voice, and content delivery at the right time, through the right channel, including websites, social media, and mobile devices. This "intelligent engagement" is driven by real-time behavioral analytics, producing connections based on a true understanding of business objectives and customer needs.

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