Verizon will buy video conferencing company BlueJeans

Verizon will buy video conferencing company Blue Jeans

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.This story is developing. Check back for updates.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

King Felipe and Queen Letizia of Spain use cheat sheet of guests' names during video conferencesKing Felipe and Queen Letizia have been carrying out their royal duties remotely from their home in Madrid
Read more »

Bank of America survey shows highest cash positions since 9/11 attacks, demand for end to buybacksProfessional investors are heading for the sidelines while demanding that companies stop using their cash to buy back stocks and instead improve their balance sheets.
Read more »

Hipgnosis Songs Raises Another $188 MillionEven in a pandemic, Hipgnosis Songs — the fast-rising music publishing company that’s been buying up catalogs by hitmakers ranging from Timbaland and the Chainsmokers to Jack Antonoff and Jeff Bhas…
Read more »

Verizon adopts virtual tech for in-home assistance amid pandemic - Business InsiderThe coronavirus has forced Verizon to adopt virtual tech to replace home visits as it looks for new ways to continue performing essential operations.
Read more »

Okta generated 4,000 leads at its virtual tech conference - Business InsiderThe CEO of $17 billion Okta says that doing its multi-day annual tech conference online generated 4,000 leads — way more than at its usual Las Vegas extravaganza
Read more »