Vista Equity Partners Acquires Lithium Technologies
Lithium Technologies announced that it has been acquired by Vista Equity Partners, a leading American private equity and venture capital firm focused on financing and backing software, technology-enabled startup businesses, and passive equity investments. The terms of the acquisition were not disclosed.
Lithium builds community and social media management software that helps the world’s best brands, such as Microsoft, HP, Sephora, Virgin and Barclaycard, connect with customers via digital channels. Using data and the company’s software, Lithium helps its customer boost sales, reduce service costs, spark innovation, and build long-term brand loyalty and advocacy. With more than 100 million monthly visits to Lithium communities and 750 million online profiles scored by Klout, Lithium has one of the largest digital footprints in the world.