Customer engagement management technology provider Plaid has become the major shareholder of a portfolio company that runs a similar service.

Plaid, the operator of customer satisfaction measurement product Karte, has paid an undisclosed sum to acquire a 64% stake in Emotion Tech, which is another Japan-based provider of a similar service.

Founded in 2013 as Wizpra, Emotion Tech operates a customer experience management tool dubbed Emotion Tech CX and EmotionTech EX, a similar service focused on employees.

The transaction will involve Emotion Tech CX, which concentrates on emotional data analysis and visualisation, merging with Plaid’s Karte software, which examines behavioural…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.