Verizon has agreed to buy videoconferencing company Blue Jeans Network as an unprecedented number of people work remotely because of the coronavirus pandemic
Verizon Communications Inc. has agreed to buy videoconferencing company Blue Jeans Network Inc., as an unprecedented number of people work remotely because of the coronavirus pandemic.
The carrier will pay less than $500 million for the Zoom Video Communications Inc. rival, a person familiar with the terms said. The deal, announced Thursday, is part of an effort to bolster Verizon’s business group as the carrier rolls out faster 5G networks and pitches new applications of wireless technology to its largest corporate customers.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Cast of Zoom Tells Us, via Zoom, Why Zoom Is Coming BackFormer cast members of Zoom are well aware of your Zoom jokes.
Read more »
Zoom rival says watching others 'compromise security' was not easy - Business InsiderZoom rival Symphony accuses videoconferencing firms of compromising security: 'It made us shake our heads'
Read more »
Passwords and email addresses for thousands of Zoom accounts are for sale on the dark webZoom users who reuse the same passwords from other accounts can face an ugly unintended consequence.
Read more »
Hoda Kotb Throws Zoom Party for Her Daughter's 1st BirthdayHoda Kotb's daughter just celebrated a major milestone! 🎂
Read more »
Analysts are bullish on stocks like Tesla, Netflix and Zoom as earnings season gets underwayNew for subscribers: Analysts are bullish on stocks like Tesla, Netflix and Zoom as earnings season gets underway Check out CNBCPro for a free trial.
Read more »