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Coveo (TSX:CVO) opens new London office, expanding presence in Europe

Market News, Technology
TSX:CVO
15 December 2022 15:00 (EDT)

Source: Coveo Solutions Inc.

Coveo Solutions (CVO) announced the opening of a new office in London, England, supporting the company’s European expansion.

Louis Tetu, Chairman and CEO of Coveo, commented on the news.

“Coveo is a global leader in SaaS AI platforms that help enterprises deliver personalized digital experiences. Enterprises worldwide are under increased pressure to deliver best-in-class and relevant digital experiences for their customers and employees. The only way to do this at scale is with the power of AI. Our customers across Europe understand this, and we’re confident that our investment in the region will be mutually beneficial.”

Located in the Bloomsbury Building in the heart of Midtown, the new office space currently supports more than 70 London-based employees. The building features an old-school games room with a piano, library, phone booths, recharge rooms, bike storage, meeting rooms and more.

The Coveo Relevance Cloud platform recently won The E-commerce Innovation Award presented by the UK eCommerce Awards. The company was recognized for personalization-as-you-go, which enables Coveo to personalize the shopping experience for cold or anonymous shoppers with artificial intelligence.

Coveo provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale.

Coveo Solutions Inc. (CVO) is down 4.72 per cent, trading at C$7.67 per share at 2:38 pm ET.


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