|Weekly News Digest
April 21, 2020 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.
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COVID-19 NEWS: 'Verizon Will Buy Video Conferencing Company BlueJeans'
Lauren Feiner reports the following for CNBC:
Verizon is buying the video conferencing platform BlueJeans as workers increasingly rely on web tools to connect during the coronavirus pandemic. …
Verizon will pay about $400 million in the deal, CNBC’s David Faber reported. BlueJeans has more than 15,000 customers. …
Many enterprise tools like Zoom, Slack and Microsoft Teams have seen an uptick in usage as more American regions have been instructed to stay at home to tamp down the spread of the virus. The acquisition shows Verizon is looking to be a part of that movement as businesses still struggle to reopen offices.
“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,” Verizon Business CEO Tami Erwin said in a statement. …
According to its website, BlueJeans counts Facebook, LinkedIn and IBM-owned RedHat among its customers.
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