INSUBCONTINENT EXCLUSIVE:
It would be easy to assume that Verizon purchase last week of video-conferencing tool BlueJeans was an opportunistic move to capitalize on
the sudden shift to remote work, but the ball began rolling last June and has implications far beyond current work-from-home
requirements.
The video-chat darling of the moment is Zoom, but BlueJeans is considered by many to be the enterprise tool of choice
The problem, it seems, is that it had grown as far as it could on its own and went looking for a larger partner to help it reach the next
level.
BlueJeans started working with Verizon (which owns this publication) as an authorized reseller before the talks turned toward a
deeper relationship that culminated in the acquisition
Assuming the deal passes regulatory scrutiny, Verizon will use its emerging 5G technology to produce much more advanced video-conferencing
scenarios.
We spoke to the principals involved in this deal and several industry experts to get a sense of where this could lead
As with any large company buying a startup, outcomes are uncertain; sometimes the acquired company gets lost in the larger corporate
bureaucracy, and sometimes additional resources will help grow the company much faster than it could have on its own.
Verizon is buying B2B
videoconferencing firm BlueJeans
What is BlueJeans?
