Today: Jul 22, 2024

US Firm Snaps Up Israeli Web Accessibility Startup for $98M

7 months ago

US company Level Access is acquiring Israeli AI web accessibility startup UserWay for $98.7 million. The two companies plan to create solutions that will help organizations create, build and maintain sustainable accessibility programs. UserWay’s AI-powered software automates the recognition and optimization of code for websites and apps in order to boost digital accessibility for users. Under the agreement, UserWay will maintain its own name and brand, with the company’s founder and CEO Allon Mason keeping his position as well as becoming president of Level Access.

The agreement is expected to close early this year, subject to regulatory approval and the consent of UserWay shareholders.

“Allon and the UserWay team have developed incredible automated remediation technologies that enable organizations to move faster in their digital accessibility programs,” said Tim Springer, CEO and founder of Level Access. “This combination, with our full-service digital accessibility platform, will enable us to bring powerful new tools to our customers and positions us with a robust solution set for organizations of any size and maturity.”