It would be simple to presume that Verizon’s purchase last week of video-conferencing tool BlueJeans was an opportunistic transfer to capitalize on the unexpected shift to remote work, however the ball began rolling last June and has ramifications far beyond existing work-from-home requirements. The video-chat beloved of the moment is Zoom, but BlueJeans is considered by many to be the enterprise tool of option. The problem, it appears, is that it had actually grown as far as it could on its own and went searching for a larger partner to help it reach the next level. BlueJeans began dealing with Verizon (which owns this publication)as an authorized reseller before the talks turned toward a deeper relationship that culminated in the acquisition. Presuming the offer passes regulative examination, Verizon will use its emerging 5G innovation to produce a lot more innovative video-conferencing circumstances. We talked to the principals involved in this offer and several industry experts to get a sense of where this might lead.
As with any large company buying a startup, outcomes are uncertain; in some cases the gotten company gets lost in the bigger business administration, and sometimes extra resources will help grow the company much quicker than it might have on its own. What is BlueJeans? Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.