Web.com acquires Montreal-based Acquisio

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Web.com Group, Inc., a global Internet services and online marketing solutions company, announced that it has acquired Acquisio, which provides advertising tools for SMBs.

“Acquisio makes available to small and midsized businesses the same powerful machine-learning technology that was once available only to the largest corporations and online marketing agencies,” said David L. Brown, Web.com’s chairman, CEO and president. “By applying Acquisio’s award-winning artificial intelligence technology to Web.com’s existing suite of online marketing tools and its hands-on, consultative approach, we will be able to provide even greater value to customers at a much faster pace.”

The terms of the acquisition have not been disclosed, but Web.com will discuss details at its previously announced third-quarter earnings call on Tuesday, November 7, 2017.

Photo via West Chester Technology Blog

Aeman Ansari

Aeman Ansari

Aeman Ansari is a freelance writer who has been published in many Toronto-based publications, including Hazlitt and Torontoist. When she’s not re-watching Hitchcock movies, she’s working on her collection of short fiction inspired by stories from her grandmother, one of the few women in India to receive post-secondary education in English literature at the time.