FISION Completes Acquisition of Volerro, Adds Shopko Stores and Top Five U.S. Bank to Growing Global Enterprise Customer Base
May 16, 2017
MINNEAPOLIS – May 15, 2017 – FISION Corporation (OTCQB: FSSN), a leading provider of cloud-based digital asset management and sales enablement technology, has completed the acquisition of Minneapolis-based Volerro Corporation, a leader in cloud-based content collaboration and agile marketing technology, following the announcement of a definitive purchase agreement on April 25.
Volerro brings to FISION major enterprise clients that include a top five U.S. bank and Shopko Stores, a $3.2 billion U.S. retailer operating 363 stores across 24 states. Volerro enhances the FISION platform with complementary cloud-based collaboration, agile marketing and sales enablement software.
“The addition of Volerro significantly strengthens our platform, allowing us to better serve our growing customer base of large global enterprises,” said Mike Brown, CEO of FISION. “We can now offer the full range of agile marketing capabilities, from ideation and creation, to distribution and local sales enablement. FISION users will now be able to act smarter, faster, nimbler, and more efficiently to drive revenues and win in the marketplace.”
“Given our enhanced value proposition,” continued Brown, “we are seeing broader sales opportunities with the potential to deliver incremental recurring revenue growth for both FISION and our channel partners.”
Several large enterprise companies from a range of industries have adopted FISION’s unique SaaS solution over the last year, including a national financial services company, a top provider of online higher education, and an operator of the world’s largest business network.
For further details about the Volerro acquisition and what it means for FISION and its customers, see the company’s earlier press release which announced the definitive agreement.
About FISION Corporation
Founded in 2011, Minneapolis-based FISION is a cloud-based digital asset management, marketing automation, and sales enablement company. FISION’s advanced, proprietary technology specializes in managing a customer’s brand and marketing content enabling marketing and sales people to quickly and easily create compelling, personalized, on-brand communications, which increases revenue and profits. With more than 65,000 users in 21 countries, FISION services enterprise clients in the health care, hospitality, financial/insurance, software and technology industries. For more information, visit FisionOnline.com.
Important Cautions Regarding Forward-looking Statements
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Garry Lowenthal, EVP & CFO
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Ron Both, CMA
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