Verizon to buy Zoom-rival BlueJeans for less than $500 mln
Lockdowns enforced across the world to contain the spread of the new coronavirus have pushed businesses to work from home, leading to a surge in demand for video-conferencing apps such as Zoom, Cisco’s Webex and Microsoft’s Teams. BlueJeans, which has not publicly disclosed its user numbers, counts big enterprises such as Facebook Inc, LinkedIn and ViacomCBS among its customers. Large banks like Goldman Sachs, Morgan Stanley and JPMorgan Chase are also known to use BlueJeans.