---
title: 'Not monkeying around: Zendesk to buy SurveyMonkey in $4 billion all stock deal'
date: '2021-10-29T08:01:51-07:00'
type: post
word_count: 300
char_count: 2084
tokens: 390
categories:
  - Acquisitions
  - Oregon
  - Portland
tags:
  - acquired
  - momentive
  - SurveyMonkey
  - zendesk
---

# Not monkeying around: Zendesk to buy SurveyMonkey in $4 billion all stock deal

Now, I realize that this isn’t exactly Portland startup news. But it is former Portland startup news. And the company in question still has a significant presence here in town. And it’s Friday. So I feel it’s warranted. [SurveyMonkey — now known as Momentive — is getting acquired as part of a $4 billion deal](https://www.reuters.com/article/momentive-global-ma-zendesk-idUSL4N2RO5WH).

> Momentive shareholders will receive 0.225 shares of Zendesk’s stock for each share of Momentive stock they own, which implied a value of about $28 per share at the time of the announcement.

“The SurveyMonkey brand is iconic, and we’ve admired their business from afar since the inception of Zendesk. They truly democratized an industry — almost everyone in the world has responded to one of their surveys at some point,” said Zendesk CEO and cofounder Mikkel Svane in a statement [quoted by VentureBeat](https://venturebeat.com/2021/10/28/zendesk-acquires-momentive-to-boost-its-customer-analytics-offerings/). “We’re very excited to have them join the Zendesk mission along with Momentive’s market research and insights products and together create a powerful new customer intelligence company. We will deliver a rich, colorful picture of every customer, so businesses really understand their customers and can build more authentic relationships.”

SurveyMonkey was founded in 1999 by Chris Finley and Ryan Finley. For a time, it was quietly [headquartered in Portland](https://siliconflorist.com/2009/06/30/oregon-portland-17-projects-silicon-forest-cred-deserve/) before being sold to private to Private Equity in 2009. And has retained a significant office here, even through its variety of transitions. No word on what impact, if any, this will have on the Portland footprint of what is now [Zendesk](https://zendesk.com).

For more on the acquisition, see the [statement from SurveyMonkey parent Momentive](https://www.momentive.ai/en/blog/momentive-zendesk-creating-a-new-customer-intelligence-company/).