Cloud telephony specialist NFON has entered the AI market by acquiring botario, a company specialising in advanced business communication solutions.
This acquisition is part of NFON's broader strategy to enhance the scalability and technology of its product offerings.
Patrik Heider, (pictured) CEO of NFON AG, said: “This deal opens numerous opportunities for NFON to accelerate our growth while continuing to boost our profitability.
“This is our signal to start further developing AI-supported business communication and to once again push ahead with digitalisation.”
In the first half of 2024, NFON reported a 3.3% revenue increase to €42.5m, with recurring revenue up 4.4% to €40.1m, now making up 94.3% of total revenue.
Adjusted EBITDA saw a significant 62.3% rise to €5.5m.
