On June 3, 2019, Calabrio, Inc., of Minneapolis, Minnesota, announced that it has acquired Teleopti, the workforce management (WFM) software provider based in Stockholm, Sweden. Founded in 1992, Teleopti today has over 1,000 customers in more than 90 countries worldwide. The company itself has 18 offices in 14 countries around the world. In 2018, the company experienced 100 percent year-on-year growth in the cloud.