Zoom acquires employee communications platform Workvivo

Synopsis Founded in 2017, Workvivo provides a feature-rich employee experience platform, combining advanced internal communication and engagement tools, a social intranet, and an employee app, all blended into one central hub. IANS The employee communication and engagement platform will give Zoom customers new ways to keep employees informed, engaged, and connected in a hybrid work model Video-based communications app Zoom has announced it is acquiring Irish employee communications platform Workvivo for an undisclosed sum. Founded in 2017, Workvivo provides a feature-rich employee experience platform, combining advanced internal communication and engagement tools, a social intranet, and an employee app, all blended into one central hub, forming the core of a company’s digital ecosystem.

Workvivo’s offering has seen triple-digit growth in the last three years and is used by customers, including Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts. “Workvivo’s employee experience platform, with its robust communications and engagement offering combined with Zoom’s all-in-one collaboration platform, allows organisations to fully unlock the potential of their employees and evolve their company culture in a hybrid world,” said Kelly Steckelberg, chief financial officer at Zoom. The employee communication and engagement platform will give Zoom customers new ways to keep employees informed, engaged, and connected in a hybrid work model.

“Our platform replaces outdated, clunky, internal communications tools with a vibrant, familiar social experience, and has a proven history of unparalleled levels of adoption. With Zoom, we can build great things together,” said John Goulding, chief executive officer and cofounder at Workvivo. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Workvivo’s founders John Goulding and Joe Lennon, and the entire Workvivo team, will be instrumental in driving employee experience innovation strategy, said Zoom.

The transaction is expected to close in Q1 FY2024. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Saturday, 15 Apr, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics Companies Markets More CPPIB, OMERS on Road to ₹4.

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