EPiServer and Ektron Combine to Create Digital Experience Platform in the Cloud
EPiServer and Ektron today announced the two companies have merged to create a new global digital experience provider. The combined company is backed by technology-focused private equity investment firm Accel-KKR.
The combined company, which will operate under the EPiServer name and continue to use the Ektron and EPiServer brands, has a community of more than 8,800 customers in 30 countries backed by a network of more than 880 partners.
The merger brings together both companies' offerings into a next-generation Digital Experience Cloud that offers advanced Web content management, multichannel marketing, extensive connectivity, and e-commerce capabilities all on a single platform in the cloud.
Enterprise software veterans and former Kana Software CEO Mark Duffell and CMO James Norwood have been appointed president and CEO, and executive vice president of strategy and chief marketing officer respectively. Martin Henricson, former EPiServer CEO, assumes the role of executive chairman for the merged entity.
"By bringing these two businesses together, a new market-leading platform from a truly global organization with an incredibly strong partner network emerges to address what remains an underserved segment," Duffell said in a statement. "Despite significant investments underway, an evaluation by Forrester Research found no leaders among digital experience delivery platforms. We believe this combination will fill that void by delivering real value to businesses and their customers alike."
"We have seen tremendous growth within the broader customer experience market, and from investments we have made in a number of highly successful companies like EPiServer and Ektron," said Dean Jacobson, managing director of Accel-KKR, in a statement.
"The union of these two businesses from our portfolio creates a company of significant scale in the space, and will benefit their customers and partners from a closer relationship and accelerated momentum," added Jason Klein, another managing director of Accel-KKR, in a statement.
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