ZoomInfo buys Chorus.ai for $575m.

Chorus uses machine learning and artificial intelligence to capture and analyze prospect and customer calls, meetings, and emails.

Artificial intelligence (photo credit: INGIMAGE)
Artificial intelligence
(photo credit: INGIMAGE)
Business intelligence company ZoomInfo said Tuesday it will acquire Chorus.ai, an Israeli-founded maker of conversation intelligence solutions, for $575 million in cash.
Chorus was founded in 2015 by a team of Israelis. It is headquartered in San Francisco with offices in Tel Aviv, Boston, Toronto, and Salt Lake City.  The company's 40 employees in Israel will be retained.
ZoomInfo was founded in Israel in 2000 and was acquired by Boston-based private equity firm Great Hill Partners in 2017. The company now provides software, data, and intelligence for more than 20,000 companies worldwide.
Chorus uses machine learning and artificial intelligence to capture and analyze prospect and customer calls, meetings, and emails, unearthing insights that enable revenue teams to learn from previous conversations and repeat actions across all prospect and customer deals.
The acquisition is expected to be accretive to growth immediately, generate positive adjusted operating income within 12 months, and be accretive to cash flow in the second half of 2022, the company said.