Roughly CZK 1bn will go to the newly
spun-off company Kontent.ai, the rest may go to Kentico within
a year. Kontent.ai plans to use the investment to strengthen its
teams, with staff numbers rising to 220 from 120. It plans to recruit
product specialists from among developers and designers in the
Czech Republic. It will strengthen sales and marketing in New York,
Amsterdam, and London. Kentico plans to hire more than 60 people
and increase investment in development and product innovation,
including in its new cloud platform Xperience. It plans to use the
promised investment to grow in the US and Western European
markets over the next 12 months.
Source: CIA NEWS