Zoom
For the reason that pandemic, Zoom has develop into a staple for a lot of workers’ day-to-day work lives. By means of a brand new acquisition, Zoom is broadening its companies past video conferencing, aiming to remodel right into a digital office.
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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 individuals work to stay, not stay to work – which is why we’re excited to share @workvivo might be becoming a member of our workforce! Collectively, we are going to increase our platform and deal with placing your individuals 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 similar to polls, surveys, shout-outs, e mail digests, neighborhood teams, group charts, shared calendars, and extra.
Zoom says {that a} main purpose of the acquisition is to offer clients with a brand new strategy to interact in in the present day’s hybrid work mannequin and to assist keep firm tradition.
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“Partaking workers and driving tradition by way of connection is not a ‘good to have’ — it is crucial for achievement in in the present day’s enterprise atmosphere,” 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.