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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 16:57

Prezi presentation platform buys Latvia’s Infogr.am

BC, Riga, 16.05.2017.Print version
Visual presentation platform Prezi has purchased the world-known and Latvian-based data visualization company Infogr.am, representatives of both companies reported.

Infogr.am co-founder Alise Semjonova told LETA that the price of the deal is not disclosed. She said that as a result of the deal all Infogr.am employees are now shareholders in Prezi.

"Legally we are one company – Prezi, but products and brands are not changed yet, therefore the users will not feel any difference. At present we are still looking for the best way of cooperation," she said.


Meanwhile, Peter Arvai, the co-founder and head of Prezi, said that this is the first such deal for his company. "Prezi was interested in the merger with Infogr.am as we have a common goal – to help customers make balanced decisions, offering them more efficient visual communication tools," he said.


Speaking about further operations, the company representatives said that Infogr.am will become a subsidiary of Prezi with its home base in Latvia. Prezi will continue investing in Inforgr.am research and development and will establish a Center of Excellence for Data Visualization in Latvia.


Infogr.am was founded in 2012 by Uldis Leiterts, Raimonds Kaze and Semjonova. Infogr.am is a data visualization company that helps people create charts, infographics, maps and reports.


So far Infogr.am belonged to US-registered Infogram Software Inc. In 2014 the company posted EUR 416,007 in sales, and sustained loss worth EUR 683,062.


Prezi was established in 2009, and at present has more than 85 mln users across the world. The company has offices in San Francisco, Budapest and Mexico.






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