AvePoint Completes Acquisition of tyGraph to Accelerate Digital Workplace Success
September 13 2022 - 8:00AM
AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management
platform provider, today announced it completed its acquisition of
tyGraph, which is an award-winning platform that allows
organizations to organize, measure, and analyze human interactions
to accelerate success in the digital workplace.
AvePoint is the catalyst of business transformation, empowering
organizations to secure their digital collaboration data, sustain
connections between people and ensure business resiliency. AvePoint
helps over 9 million cloud users enhance productivity with the
latest cloud services and enables organizations to drive efficiency
in how they deliver and manage those services. The acquisition of
tyGraph complements AvePoint’s Confidence platform by adding robust
analytics capabilities that enable organizations to uncover
workplace engagement insights to improve decision making, optimize
performance, and positively impact how people work.
“We are excited to welcome tyGraph to the AvePoint team in our
mission to enable organizations to collaborate with confidence in
the modern workplace,” said Dr. Tianyi Jiang (TJ), Co-Founder and
CEO, AvePoint. “As more companies invest in digital transformation
to move faster, become more agile, reduce costs, and improve
productivity, it is essential to have relevant insights to inform
how they can facilitate sustainable adoption of their investments.
The acquisition of tyGraph marks another important step in our
commitment to bringing a robust, end-to-end experience to
organizations building today’s modern workplace.”
Founded in 2007 and headquartered in Canada, tyGraph helps
millions of users across five continents progress through their
digital transformation journeys, using analytics to drive
performance and solve strategic business challenges while improving
employee experience, collaboration, and well-being.
“We are excited to join AvePoint,” said Edward Senez, CEO,
tyGraph. “AvePoint sees the world the same way tyGraph does,
specifically in how we serve our customers, provide opportunities
for our people and our commitment to continued innovation. The
combination provides our customers with greater resources to
maximize their digital workplace investments today and into the
future.”
For more information, visit www.avepoint.com.
About AvePoint Collaborate with
Confidence. AvePoint provides the most advanced platform for SaaS
and data management to optimize SaaS operations and secure
collaboration. More than 9 million cloud users rely on our
solutions. Our SaaS solutions are also available to managed service
providers via more than 100 cloud marketplaces, so they can better
support and manage their small and mid-sized business
customers. Founded in 2001, AvePoint is a five-time Global
Microsoft Partner of the Year and headquartered in Jersey City, New
Jersey. For more information, visit
https://www.avepoint.com.
Disclosure Information AvePoint uses the
https://ir.avepoint.com/ website as a means of disclosing material
non-public information and for complying with its disclosure
obligations under Regulation FD.
Forward Looking Statements This press
release contains certain forward-looking statements within the
meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995 and other federal
securities laws including statements regarding the future
performance of and market opportunities for AvePoint. These
forward-looking statements generally are identified by the words
"believe," "project," "expect," "anticipate," "estimate," "intend,"
"strategy," "future," "opportunity," "plan," "may," "should,"
"will," "would," "will be," "will continue," "will likely result,"
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: changes in the competitive and regulated industries in
which AvePoint operates, variations in operating performance across
competitors, changes in laws and regulations affecting AvePoint's
business and changes in AvePoint’s ability to implement business
plans, forecasts, and ability to identify and realize additional
opportunities, and the risk of downturns in the market and the
technology industry. You should carefully consider the foregoing
factors and the other risks and uncertainties described in the
"Risk Factors" section of AvePoint’s most recent Quarterly Report
on Form 10-Q, its registration statement on Form S-1 and related
prospectus and prospectus supplements, and in its subsequent
filings made to the SEC. Copies of these and other documents filed
by AvePoint from time to time are available on the SEC's website,
www.sec.gov. These filings identify and address other important
risks and uncertainties that could cause actual events and results
to differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and AvePoint does not assume any
obligation and does not intend to update or revise these
forward-looking statements after the date of this release, whether
as a result of new information, future events, or otherwise, except
as required by law. AvePoint does not give any assurance that it
will achieve its expectations.
Media Contact Nicole
Caci AvePoint pr@avepoint.com (201)-201-8143
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