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XOXCO

Company

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Owners:
Microsoft

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Assets

XOXCO — the American software developer with elements of artificial intelligence. The main office is located in the city of Austin, State of Texas, USA. The company is founded in 2008. Initially the startup focused on software development and consulting services, and drew attention to itself after application creation which allowed people to send the emoji in the form of taka via the online messenger.

After attraction of $1.5 million investments XOXCO could concentrate on chat-bots which allow to send messages for automatic planning of online meetings in calendars or to receive answers to questions of clients. The company is known as Botkit developer – the tool for the creation of bots used in such applications as Slack Microsoft Teams and Cisco Spark. XOXCO created a Slack-bot of Howdy which helps users to plan meetings.

History

2018: Microsoft purchased XOXCO

In November, 2018 the Microsoft corporation announced purchase of XOXCO. For Microsoft this fourth purchase of developer AI since the beginning of year. The cost of the transaction is not reported.

«
Today we announce that we signed the purchase agreement of XOXCO studio which is engaged design and software development and is known for the opportunities for development of Convesation AI and bots — the vice president of Microsoft Lili Chong wrote in the blog.
»

Microsoft purchased the developer of chat-bots for Slack and Microsoft Teams
Microsoft purchased the developer of chat-bots for Slack and Microsoft Teams

Under the terms of the agreement, the CEO of XOXCO Ben Brown will join Microsoft and will work far off from the city of Austin where there is a head office of the company. According to Lily Chen, key advantage of Brown is in his experience in the circle of developers of bots. Microsoft is going to use XOXCO technologies for improvement of Microsoft Bot Framework.[1]

«
Right at the beginning, before we released Bot Framework, [being directors of Slack of communications with developers - a comment red] Amir Shevat acquainted us with Ben Brown and therefore from the very beginning we were sure that our technologies perfectly work with Botkit — Lili Chong said in an interview to the website VentureBeat. — We knew the people working in Slack and Ben, and we really liked to work with it. Therefore it will join a command, and will be great to gather all tools.
»

Initially Botkit was used for creation of bots for Slack and Facebook Messenger and became one of the first technologies which received investments from Slack Fund. Thanks to it over 100 thousand bots to the middle of November, 2018 are created already, Ben Brown noted.[2]

Notes