Verizon snatches up Zoom rival BlueJeans for less than $500 million
Shelter-in-place orders to contain the spread of the new coronavirus have led businesses across the globe to foster a virtual office environment, leading to a surge in demand for video-conferencing apps such as Zoom, Cisco’s Webex and Microsoft’s Teams. BlueJeans, whose conferencing app is used in 180 countries, is already a partner https://www.verizonwireless.com/business/articles/business/blue-jeans-verizon-solution-brief of Verizon and its meeting app is offered to clients under the telecom company’s unified communications and collaboration services. “Verizon got a good deal, but BlueJeans had been trying to sell itself for months,” Piper Sandler analyst James Fish said.