For the reason that pandemic, Zoom has turn into 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.
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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.
Workvivo is an app that features as a central hub workers can use for office engagement and communication instruments akin to 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 offer prospects with a brand new method to interact in immediately’s hybrid work mannequin and to assist keep firm tradition.
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“Participating workers and driving tradition by connection is not a ‘good to have’ — it is crucial for fulfillment in immediately’s enterprise setting,” stated Zoom within the press launch.
Upon the closing of the transaction, which is anticipated to occur in Q1 FY2024, Zoom plans to include Workvivo’s capabilities into its platform. The precise phrases of the transaction weren’t disclosed.