Zoom Acquires Event Solution Assets from Liminal
28 December 2021 - 08:26PM
TipRanks
With the increasing number of virtual events due to the persistence
of the pandemic, Zoom Video Communications (NASDAQ: ZM),
a videoconferencing company, has acquired event
solutions assets from Liminal, an event production startup, to
cater to the industry needs. The financial terms of the deal
have been kept under wraps. Benefits of the
Acquisition With the help of the solutions offered by
Liminal, including apps like ZoomISO and ZoomOSC, enhanced
individual video outputs and sound controls in Zoom meetings are
expected. Furthermore, Liminal’s software is expected to complement
Zoom’s events management and production offerings, leading to a
broad, one-stop, hybrid events management platform.
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Zoom Video Communications (NASDAQ:ZM)
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