Prezi, the Hungarian visual communication platform provider, has acquired Infogram, a Latvian data visualization startup. The transaction closed on May 16, 2017.

Deal-at-a-Glance
AcquirerPrezi (HU)
TargetInfogram (LV)
ValueUndisclosed
TypeAcquisition
Closing DateMay 16, 2017
Buy-side AdvisorsUnknown
Sell-side AdvisorsUnknown
Legal Buy-sideUnknown
Legal Sell-sideUnknown

The acquisition of Infogram aims to enhance Prezi's offerings in visual communication and data visualization tools. With the addition of Infogram’s technology, Prezi hopes to better serve its user base by providing more effective means for creating impactful visuals from datasets.

Prezi is expanding its product suite to include advanced features in data visualization that will complement its existing platform focused on dynamic presentations and interactive documents.

Infogram's visual communication tools are designed to help users present their data more effectively, thereby aligning well with Prezi’s mission of enabling better decision-making through improved visual storytelling techniques. The combined entity aims to offer a comprehensive suite that caters to both novice and expert users across various industries.

With this acquisition, Prezi seeks to solidify its position in the technology sector by integrating cutting-edge data visualization capabilities into its portfolio. This move is anticipated to drive growth for both companies as they collaborate on further innovations within their respective markets.