About This Deal

Microsoft Corporation acquired XOXCO, a transaction announced in November 2018.

XOXCO operates in Microsoft AI (Conversational AI), is based in Austin, Texas, United States. XOXCO is an Austin-based software product design and development studio focused on conversational AI and bot development; it created the Botkit developer toolkit used by hundreds of thousands of developers and the Howdy scheduling bot for Slack. Microsoft acquired it to bring together leading bot-development communities and advance conversational AI.

Combine leading bot-development communities and tooling to help democratize conversational AI development.

Deal Terms

Acquirer
Microsoft Corporation
Target
XOXCO
Value
Not disclosed
Date
November 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Austin, Texas, United States
Segment
Microsoft AI (Conversational AI)
Announced
November 14, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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