There are four main reasons for this acquisition.
This acquisition is part of Coveo’s focus on the growing ecommerce market by helping us scale and expand our expertise for our commerce offering.
Qubit’s technology is complementary to ours and accelerates our product roadmap.
Qubit’s presence in Europe expands our geographical presence in the EU and the UK.
The acquisition expands our customer base with new customers for Coveo in retail, luxury, fashion, hospitality etc.