Bigtincan acquires VoiceVibes to Bring AI-Powered Coaching and Sales Guidance to Life

Jane Morgan Management
  • Bigtincan has acquired 100% of VoiceVibes, a Baltimore, Maryland based company and
    leader in voice analytics for US$2.0 million.
  • VoiceVibes’ technology provides automated coaching that helps people sound more natural
    and polished when they speak, so they can transform how others perceive them.
  • VoiceVibes patented technology, when added to Bigtincan’s core sales enablement
    automation system allows Bigtincan to offer automated coaching and sales guidance.
  • The initial cash component of the consideration was fully funded from existing cash reserves
    raised through the institutional placement conducted in December 2020.
  • Bigtincan plans to retain the VoiceVibes team and integrate VoiceVibes technology into
    existing Bigtincan offerings.
  • VoiceVibes revenue in FY21 is not expected to be material.
  • Bigtincan Holdings Limited (ASX: BTH) (“Bigtincan”, the “Company”) is pleased to announce that its
    wholly owned US subsidiary, BTC Mobility, LLC has entered into and completed a Stock Purchase
    Agreement (“SPA”) with the shareholders of VoiceVibes and has acquired 100% of the issued capital
    of VoiceVibes, Inc (“VoiceVibes”).
    VoiceVibes is one of the most advanced audio analytics engines in the market, built by a team of
    speech, linguistic data science experts and Ph.Ds and supported by US Government funding
    programs to create the future of voice analytics for coaching and engagement analysis.
    VoiceVibes’ proprietary data set is one of the largest in the world that can measure human perception
    of voice. This vast data set is used to figure out how humans perceive emotion and intention from your
    voice. An independent study by Towson University showed that VoiceVibes successfully predicted 11
    “vibes” (ways a human would perceive a voice) with at least 97% accuracy, and all 20 vibes with at
    least 90% accuracy.
    The acquisition is not expected to have a material impact on Bigtincan revenue or costs in FY21.
    /Public Release.