Acquisition Enables Higher Logic to Deliver Expanded Platform Capabilities, Bolster Development and Professional Services Teams
Higher Logic, the leader in cloud-based community platforms, today announced it has acquired Socious, a community software company focused on serving the non-profit and B2B enterprise markets. This acquisition accelerates Higher Logic’s continued drive to provide organizations with the industry’s most complete engagement platform along with world-class services – all designed to help organizations retain and grow members and customers.
“Organizations increasingly recognize that revenue growth and market expansion depend on more engaged members and customers,” said Rob Wenger, CEO of Higher Logic. “As separate companies, Higher Logic and Socious took complementary approaches to empowering our clients to achieve this goal. The addition of Socious, along with our recent $55 million investment from JMI Equity, helps us deliver innovative products and services to the market faster.”
Higher Logic was recently named a Leader in the inaugural IDC MarketScape: Worldwide Online Communities 2016 Vendor Assessment, which notes that building relationships with customers will be the most important business priority over the next 12 months. The combined company will support more than 270,000 communities, totaling more than 37 million community members. This includes the nation’s foremost non-profits and associations, such as FSAE and ASAE, as well as enterprises, including Discovery Education.
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