Microsoft announced on Thursday that it had acquired Ally.io, a start-up that develops software to assist businesses to track their progress toward important objectives. The terms of the agreement were not revealed.
Productivity is becoming an important nuance for Microsoft, especially as more organizations transition to hybrid models. Microsoft’s Office product line has grown through acquisitions of small businesses such as GroupMe and Yammer.
Microsoft has acquired OKR startup Ally.io
Ally.io, a well-known OKR (objectives and key results) startup, will join the Microsoft Viva family as part of its employee experience platform (EXP) to help firms adapt to the new era of remote working.
The company will integrate Ally.io’s dashboards and customizable tools into Microsoft’s Viva software, which it debuted in February and made available through its popular Teams application.
Kirk Koenigsbauer from Microsoft said in a blog post: “Ally.io and Microsoft Viva will enrich how people and teams come together to build alignment and achieve better business outcomes. 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.”
Ally.io has been found in 2017 by Vetri Vellore. He is a former Microsoft employee.