Sun. May 28th, 2023

Zoom

Because the pandemic, Zoom has turn out to be a staple for a lot of workers’ day-to-day work lives. Via a brand new acquisition, Zoom is broadening its providers past video conferencing, aiming to remodel right into a digital office. 

Additionally: Zoom’s new AI instruments will quickly summarize your conferences for you

On Friday, Zoom introduced that it’s buying Workvivo, an worker engagement and communication platform based in 2017 and utilized by many manufacturers together with Lululemon, Ryanair, and Liberty Mutual. 

We imagine folks work to reside, not reside to work – which is why we’re excited to share @workvivo can be becoming a member of our crew! Collectively, we’ll broaden our platform and give attention to placing your folks on the coronary heart of labor. 💙🎉 https://t.co/LfzuXsEywX

— Zoom (@Zoom) April 14, 2023

Workvivo is an app that capabilities as a central hub workers can use for office engagement and communication instruments resembling polls, surveys, shout-outs, e-mail digests, neighborhood teams, group charts, shared calendars, and extra. 

Zoom says {that a} main aim of the acquisition is to supply prospects with a brand new option to have interaction in as we speak’s hybrid work mannequin and to assist keep firm tradition.  

Additionally: Google Meet vs. Zoom: Which video conferencing software program is greatest?

“Participating workers and driving tradition by way of connection is now not a ‘good to have’ — it is crucial for fulfillment in as we speak’s enterprise surroundings,” stated Zoom within the press launch. 

Upon the closing of the transaction, which is predicted to occur in Q1 FY2024, Zoom plans to include Workvivo’s capabilities into its platform. The precise phrases of the transaction weren’t disclosed. 

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