Verizon Wireless buys videoconference provider BlueJeans

Verizon Wireless buys videoconference provider BlueJeans


Verizon announced a deal to acquire BlueJeans, a venture-backed enterprise video conferencing company, in a deal reportedly valued at under $500 million. The purchase could put Verizon in a better position to compete for the large number of workers and students who need video communication tools.

As the way we work continues to change, it is absolutely critical for businesses and public sector customers to have access to a comprehensive suite of offerings that are enterprise ready, secure, frictionless and that integrate with existing tools,” said Tami Erwin, CEO of Verizon Business.

Verizon announced a deal to acquire BlueJeans, a venture-backed enterprise video conferencing company, in a deal reportedly valued at under $500 million.

About :

BlueJeans Network is a company that provides an interoperable cloud-based video conferencing service that connects participants across a wide range of devices and conferencing platforms. It is headquartered in San Jose, California, United States.
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