Interactive Intelligence Group Inc. (NASDAQ: ININ) said it has entered into a letter of intent to acquire OrgSpan Inc., a privately held company that offers cloud-based enterprise social communications solutions.
Subject to the negotiation of definitive documentation approval by the Interactive Intelligence audit committee and board, and the satisfaction of customary conditions, the companies expect to close the transaction within 30 days.
OrgSpan Inc. was founded in 2011 by Jeff Swartz, who previously was an Interactive Intelligence developer. The company develops cloud-based enterprise social communications solutions. Its website is at http://www.orgspan.com/.
Interactive Intelligence Group is a global provider of software and services designed to improve the customer experience. Its website is at www.inin.com; on Twitter at www.inin.com/twitter; on Facebook at www.inin.com/facebook; or on LinkedIn at www.inin.com/linkedin.