NICE Acquires Cognigy in $955M Deal, Creating AI-First CX Powerhouse, Podcast

Telecom Reseller / Technology Reseller News

Content provided by Telecom Reseller. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Telecom Reseller or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

17d ago

MP4•Episode home

Technology Reseller News Podcast with Dave Michels, TalkingPointz "AI and automation is really all that anyone cares about right now. And this is a power combination." — Dave Michels, TalkingPointz In this Technology Reseller News podcast, publisher Doug Green speaks with Dave Michels of TalkingPointz to unpack NICE’s blockbuster $955 million acquisition of Cognigy, a move that signals a transformative leap in the CX and CCaaS landscape. “This is a landmark moment,” said Michels. “We’re watching the CCaaS space redefine itself around CX—and NICE is taking decisive action.” NICE, a global leader in AI-powered customer experience, announced it is acquiring Cognigy, the top enterprise provider of conversational and agentic AI. This acquisition unites NICE’s CXone Mpower platform with Cognigy’s Cognigy.AI, enabling organizations to orchestrate AI agents across front and back office functions with purpose-built CX AI models. Michels noted that while CCaaS providers have been increasingly positioning themselves under the broader ‘customer experience’ banner, this acquisition may be the inflection point. “I’ve been wondering when the Magic Quadrant would shift from CCaaS to CX. This deal brings us closer.” Cognigy brings with it a blue-chip client list—including Lufthansa, Mercedes-Benz, Swissair, Nestlé, and Puma—and a projected 80% ARR growth in 2026. NICE gains not only powerful technology, but also an elite customer base and a strong European footprint. As for whether the nearly $1 billion price tag was justified, Michels pointed to investor confidence: “NICE gained $500 million in market cap within hours of the announcement. That’s Wall Street’s endorsement of the deal.” He also predicts that NICE will maintain Cognigy’s independence. “To shut down their open ecosystem would be foolhardy. These are complementary solutions—this gives NICE a broader seat at the CX table.” From cultural alignment to AI-first innovation, Michels sees the deal as smart and strategically sound. “Both companies are platform-first. Both are chasing the same strategic vision—and they’re better together.” As the contact center market pivots to CX orchestration powered by AI, this acquisition may come to be seen not just as timely, but foundational. To hear more insights from Dave Michels, visit TalkingPointz.com, and stay tuned to Technology Reseller News for continued coverage of this evolving story.

51 episodes

#Tech #Business News #News #Tech News #Telecom Reseller