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.
Advisory firms were not disclosed for this transaction.