Zoom is acquiring Workvivo as part of a cunning plan to extend its platform.
For those not in the know, Workvivo is an employee communication and engagement platform founded in 2017 that provides an employee experience platform, combining advanced internal communication and engagement tools, a social intranet, and an employee app.
Workvivo’s offering has seen triple-digit growth in the last three years and is used by well-known brands, including Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts.
Zoom CFO Kelly Steckelberg said: “The power of Workvivo employee experience platform, with its robust communications and engagement offering combined with Zoom’s all-in-one collaboration platform, allows organisations to fully unlock the potential of their employees and evolve their company culture in a hybrid world.”
“Workvivo has set the standard for employee communications, helping businesses reach and engage millions of employees worldwide. Workvivo prioritises ease-of-use and simplicity of design, offering the best user experience which is a perfect match to Zoom.”
Workvivo CEO John Goulding said: “Zoom’s rapid pace of innovation and the persistent dedication to building products with a human-first mindset is why we are most excited about joining the team.”
“Our platform replaces outdated, clunky, internal communications tools with a vibrant, familiar social experience, and has a proven history of unparalleled levels of adoption.
“With Zoom, we can build great things together, make teamwork more meaningful, and extend collaboration beyond knowledge workers, allowing us to reach employees who have historically felt disconnected from the company.”
