Case Study: NICE + Cognigy
A Blueprint for Enterprise AI Value Creation
The Event: Europe's Largest AI Exit
In September 2025, NICE acquired Cognigy for $955M, marking Europe's largest AI exit. The acquisition demonstrates the massive value creation potential of enterprise-grade AI platforms that solve real business problems. Cognigy's conversational AI technology served Mercedes-Benz, Nestlé, and Lufthansa Group—proving the scalability of vertical AI solutions.
25x Revenue Multiple
For the year 2026
Globally, including Lufthansa & Nestlé
Key Parallels to TejTatv InnoTech
The NICE-Cognigy deal provides a powerful blueprint for how specialized, deep-tech AI platforms can command strategic value. We see strong parallels between Cognigy's success and our own trajectory.
Both platforms leverage cutting-edge AI (conversational AI vs. sensor fusion AI) for enterprise transformation.
Cognigy served CX/contact centers; TejTatv serves bulk material industries—both offering tailored, high-value solutions.
PaaS/SaaS model enabling rapid deployment and recurring revenue across multiple clients and use cases.
Cognigy launched AI agents in January 2025; TejTatv is India's first real-time analytical digital twin.