Microsoft acquires startup Ally.io; to help employees embrace 'new normal'

Microsoft acquires startup Ally.io; to help employees embrace 'new normal'

IANSUpdated: Friday, October 08, 2021, 01:34 PM IST
article-image
Ally.io is a leading OKR (objectives and key results) company and will now join the Microsoft Viva family as part of its employee experience platform (EXP). | (Photo by GERARD JULIEN / AFP)

Microsoft has acquired productivity platform Ally.io to bolster employe experience by aligning their work to the companys strategic mission and core priorities.

Ally.io, a leading OKR (objectives and key results) company, will join the Microsoft Viva family as part of its employee experience platform (EXP) designed to help companies embrace the new digital work life, Microsoft said in a statement late on Thursday.

The financial details of the deal were not disclosed. The OKR category is a fast-growing and emerging space and Ally.io is leading the way as one of the most loved tools on the market.

Since its launch in 2018, Ally.io has been adopted by over 1,000 leading high-tech, manufacturing, financial services and healthcare businesses across more than 80 countries.

"Ally.io will power a new Microsoft Viva module. Viva is an employee experience platform that brings together communications, knowledge, learning, resources and insights – from anywhere you work," said the tech giant.

Powered by Microsoft 365 and Microsoft Teams, Viva helps organisations foster a culture of human connection, growth, well-being and success.

"Over the next year, we'll be investing to bring Ally.io into the Microsoft cloud, evolve the existing integrations with Microsoft Teams, and weave Ally.io into Viva, Office, Power BI and the broader set of Microsoft 365 apps and services," the company said.

"Until then, current customers can continue to expect the same great support and service, and new customers can continue to purchase the existing service through ally.io," it added.

RECENT STORIES

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing

Mitesh Mangaonkar: Leading Innovator In Data Engineering And Cloud Computing

‘Tax Payers Are Meaningless Minorities': Only 0.5% Of Voters Pay Income Tax, Says Ashneer Grover

‘Tax Payers Are Meaningless Minorities': Only 0.5% Of Voters Pay Income Tax, Says Ashneer Grover

'Cease And Desist': RBI Bars Kotak Mahindra Bank From Onboarding New Customers Via Online, Issuing...

'Cease And Desist': RBI Bars Kotak Mahindra Bank From Onboarding New Customers Via Online, Issuing...

Ultraviolette Launches F77 Mach 2 in India: Promises 323km Range at Rs 2.99 Lakh

Ultraviolette Launches F77 Mach 2 in India: Promises 323km Range at Rs 2.99 Lakh

LIC Issues Cautionary Notice Against Fraudulent Social Media Advertising; Shares Close Up By 0.70%

LIC Issues Cautionary Notice Against Fraudulent Social Media Advertising; Shares Close Up By 0.70%