This week in CX has seen an HMRC U-turn on ditching phone lines, a Timeflex Bot release from Verint that promises to “revolutionize” contact center scheduling, and acquisition updates from Twilio and Cisco.
Here are the extracts from some of our most popular news stories over the last seven days.
Twilio Refuses to Sell Segment, Appoints New President to Oversee the Business
Twilio has confirmed it will retain its Segment business after an operational review.
The business houses its namesake customer data platform and Twilio Engage.
Previously, it also featured Flex, Twilio’s CCaaS platform. However, the company moved this across to its primary Communications business shortly before the departure of former CEO Jeff Lawson.
Following these moves, Khozema Shipchandler, CEO of Twilio, admitted that Segment “continues to underperform” – contributing to just seven percent of overall revenues.
Such headlines added fuel to the flames of speculation that Twilio may give in to activist pressure and put its Segment business up for sale.
However, Shipchandler has now confirmed that the company will be "retaining Segment and taking aggressive action to accelerate the path to profitability (Read on...)."
Cisco Completes $28BN Splunk Acquisition Following EU Antitrust Approval
Cisco has completed its acquisition of Splunk, having received approval from the EU antitrust regulator.
With the purchase of Splunk safely past the EU watchdog’s inspection, Cisco believes it is now in a position to build “unparalleled” visibility and insights into its portfolio.
The US technology corporation Cisco previously agreed to acquire Splunk for $28BN in September last year.
Splunk’s platform powers security and observability solutions by processing data from the cloud, data centers, or third-party tools at scale.
The European Commission explained that Cisco’s acquisition of Splunk was not a threat to competitors:
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active, as there is a sufficient number of alternative players.
The regulator also said that the newly combined organization would not be able to prevent rivals from competing for business (Read on...).




