Sound Concepts Inc., an American Fork developer and marketer of SaaS-based sales, lead-generation and customer relationship management software, has been sold to nFüsz Inc. of Hollywood, California. A provider of business-focused interactive video and augmented sales intelligence software, nFüsz said the acquisition represents the completion of an important milestone as nFüsz seeks to be listed on the NASDAQ stock exchange.{mprestriction ids="1,3"}
Financial details of the transaction were not disclosed. Closing is expected to occur in January.
“The nFüsz and Sound Concepts businesses are highly complementary,” said Rory Cutaia. CEO of nFüsz. “We believe the combination of our technology, customers and human capital will result in growth for the combined companies. We could not be more excited to join the two teams to deliver innovative solutions to the market.”
Sound Concepts was founded in 1979 and employs about 80 in its Utah operations.{/mprestriction}