News : Doxim Acquires Utilitec
Herndon, VA, USA, Aug 28, 2019 -- Doxim, a customer communications and engagement technology provider serving financial and regulated markets, announced that it has acquired Utilitec, a customer communications management solutions provider that focuses exclusively on the unique requirements of the metered services industry.
By acquiring Utilitec, Doxim will extend its market reach in the utilities industry. Utilitec’s technology will offer additional value to Doxim clients, while Utilitec’s current client base will benefit from access to Doxim’s innovative Customer Communications and Customer Engagement solutions.
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"Joining Doxim opens up many exciting possibilities for the Utilitec team, our clients, and our partners," said Gary Zavislak, President of Utilitec. "Like Utilitec, Doxim has built a reputation for excellence in business critical, high-volume customer communications. Our solutions will dovetail neatly with their existing technologies, providing our clients with enhanced knowledge, capabilities, and SaaS solutions available from one trusted vendor. And perhaps most importantly, Doxim’s investment in Utilitec will mean an accelerated pace of innovation to better serve the evolving needs of our clients."
"It’s a pleasure to welcome Utilitec’s expert team to Doxim," said CEO Chris Rasmussen. "As Doxim continues to grow organically and through strategic acquisitions, we’ve taken care to identify great companies whose technology can benefit our client base and help us better serve our clients. Utilitec checks a number of important boxes for us with industry-leading service levels and technology, a reputation for quality, accuracy, reliability, and an admirable company culture focused on employee development and community outreach."
Posted by Veronica Silva Cusi, news correspondent
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Doxim is a provider of SaaS-based customer engagement solutions for credit unions, community banks and wealth management firms. Doxim’s Customer Engagement Platform helps financial institutions transform their customer experience, communicate more effectively throughout the customer lifecycle, and improve cross-sell and upsell activities that drive increased wallet share.
Published: Friday, August 30, 2019
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