Agora, a pioneer and leading platform for real-time engagement APIs, today announced that it has entered into a definitive agreement to acquire Easemob, a leading provider of instant messaging APIs and customer engagement cloud services in China, in an all-cash transaction.
“We are empowering developers to bring real-time engagement to more and more online activities,” said Tony Zhao, Founder, Chairman and CEO of Agora. “The primary ways for people to engage with others online are video, voice and messaging. We are the leader in video and voice, while Easemob is a leader in messaging. Easemob perfectly complements our product offerings and will accelerate the realization of our vision in making real-time engagement ubiquitous. We are thrilled to welcome Easemob to the Agora family.”
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“Easemob is a company founded by developers and for developers,” said Johnson Ma, Co-Founder and CEO of Easemob. “We have known Tony for a long time and are impressed by how persistently Agora has applied the same ‘developer first’ philosophy. By joining forces, we believe that we will be able to provide developers with not only the most complete real-time engagement API portfolio on the market, but a truly seamless integration of video, voice and messaging to enable them to create unique user experiences with speed and agility.”
The transaction is expected to close during the first quarter of 2021, subject to the satisfaction of customary closing conditions. There is no assurance that the transaction will be completed within the anticipated timeframe, or at all. Shareholders are cautioned not to place undue reliance on this announcement.
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