[php] [/php]

Oct 30, 2024

Digital accessibility company ADA Site Compliance acquired by AudioEye

by

ADA Site Compliance, a leading provider of website accessibility compliance solutions, announced it has been acquired by AudioEye, Inc. (Nasdaq: AEYE), an industry leader in digital accessibility. The acquisition positions ADA Site Compliance to expand its mission of making websites and digital assets accessible to people of all abilities by leveraging AudioEye’s advanced technology, extensive resources, and market reach.

The lack of digital accessibility in the United States poses a significant barrier for individuals with disabilities, impacting their ability to engage fully with digital content and services that many rely on in daily life. Digital accessibility ensures that people with disabilities—who make up over 25% of the U.S. population—can use websites, apps, and digital tools just as effectively as people without disabilities. Yet, many sites lack accessibility features, creating obstacles in areas like employment, education, health care, shopping, and social engagement.

Common issues include missing alt text for images, poor color contrast, inaccessible forms, and complex navigation that screen readers and other assistive devices cannot easily interpret. These barriers can prevent users with visual, auditory, motor, or cognitive disabilities from accessing essential information or completing tasks online. As more aspects of life shift to digital platforms, the demand for accessible design has grown, with advocates pushing for more comprehensive compliance with standards like the Web Content Accessibility Guidelines (WCAG).

Kevin O’Leary, aka “Mr. Wonderful” from ABC’s hit TV show Shark Tank

Boynton Beach-based ADA Site Compliance is been dedicated to ensuring organizations meet ADA and WCAG standards through comprehensive audits and customized best practices. By joining forces with AudioEye, ADA Site Compliance will further enhance its capabilities with the power of AI-driven automation, expert human testing, and continuous accessibility monitoring.

Beyond ethical and usability concerns, the lack of digital accessibility can also have legal consequences. The Americans with Disabilities Act (ADA) is widely interpreted to apply to online spaces, and lawsuits related to digital accessibility have risen sharply. Organizations that do not prioritize accessibility risk both legal action and the exclusion of a significant segment of their potential audience.

“I don’t care what sector you are in, the fastest growing cost in American business right now is compliance,” shared Kevin O’Leary, aka “Mr. Wonderful” from ABC’s hit TV show Shark Tank, as he gave a shout out to Scott and ADA Site Compliance. He continued, “ADA Site Compliance helps businesses and public entities make theior wesbites and PDFs accessible and compliant with the Americans With Disabilities Act. This is a big deal because if you’re not compliant with the Disabilities Act you’re going to get sued and it’s that simple or you run that risk and it’s a heavy cost you really don;t want to bear.”

Scott Trachtenberg, Founder & CEO @ ADA Site Compliance

“After eight years in the digital accessibility industry, I’ve watched AudioEye emerge as a leader through their significant investments in product and team development,” said Scott Trachtenberg, Founder and CEO of ADA Site Compliance. “Our clients will benefit from AudioEye’s unique blend of AI automation and human-assisted solutions, which provides a robust approach to digital accessibility at scale. We evaluated many options, and partnering with AudioEye was clearly the best solution for our customers. I’m excited to collaborate with David and the AudioEye team to create an even more inclusive digital landscape.”

With this acquisition, ADA Site Compliance joins a platform that currently serves over 122,000 customers, including industry giants like Samsung, Calvin Klein, and Samsonite. AudioEye’s solutions combine the latest in AI automation with the insights of certified experts and the disability community to offer a flexible and comprehensive approach to digital accessibility. Holding 23 U.S. patents, AudioEye offers clients round-the-clock accessibility monitoring, automated fixes, advanced developer tools, and industry-leading legal protection.

David Moradi, CEO of AudioEye

“ADA Site Compliance has an impressive client list and a talented team with which we see synergy,” said David Moradi, CEO of AudioEye. “Scott has built a strong business where we believe we can leverage our products to expand customer relationships further. Our goal is to replicate the success we had integrating our 2022 acquisition of the Bureau of Internet Accessibility, where we materially deepened customer relationships and increased ARR.”

This acquisition reflects a shared commitment between ADA Site Compliance and AudioEye to an inclusive digital future and scalable accessibility solutions that address the needs of organizations and users worldwide.

To learn more about ADA Site Compliance, visit www.adasitecompliance.com