It’s that time of the week where we gather up the buzziest news from the UC&C industry.
This week saw Zoom settle a privacy lawsuit for $85m, RingCentral ring in another successful quarter with sales hitting $379m, and the completion of Nasstar’s acquisition of KCOM’s ICT business.
Zoom Pays Out $85m Settlement
The video conferencing vendor agreed to settle a class-action lawsuit for $85m and to improve its security. Zoom was accused of sharing personal data with third parties such as Facebook, Linked In, and Google, as well as letting hackers ‘zoombomb’ meetings. The company denied any wrongdoing.priva
In a statement, Zoom said: “The privacy and security of our users are top priorities for Zoom, and we take seriously the trust our users place in us.”
RingCentral Celebrates Revenue Haul
The cloud comms and collaboration vendor celebrated a 36 percent rise in revenue for its Q2, seeing revenues increase to $379m.
RingCentral CEO, Vlad Shmunis, stated on an earnings call: “As businesses embrace hybrid workforces, they require next-generation mobile-first platforms that support team messaging, video meetings, and phone system capabilities.
“RingCentral, with its unparalleled track record of trust, innovation, and partnerships, and its differentiated MVP platform, now seamlessly integrated with an industry-leading cloud contact centre solution, is uniquely positioned to meet these communication and collaboration needs.”
COO Anand Eswaran also spoke with investors on the call about the recently announced agreement to acquire Five9 and capitalising on the opportunity around Microsoft Teams:
“Microsoft has a huge Teams installed base, as we all know, and with the ability to integrate with Microsoft Teams via direct routing that’s a tailwind for us”
“Accelerating momentum for RingCentral MVP integrated with Microsoft Teams Direct Routing, which is effectively opening up incremental upmarket opportunities.”
BT Partners with Microsoft in Voice Deal
Microsoft and BT have agreed a deal that will see the latter move its Global managed voice services to Microsoft’s cloud.
Omar Abbosh, Corporate Vice President of Industry Solutions at Microsoft, stated: “By transitioning global managed voice services to the cloud, BT can use Microsoft’s cutting-edge tools to develop new communications services that meet the needs and demands of today’s customers.
“By aligning our visions for communication, connectivity, security and digital technology, Microsoft and BT will support real growth for businesses across the world”
Cisco Introduces Asynchronous Video App
The vendor has launched a new video solution as part of its new Webex Leap acceleration programme.
Vidcast lets users record and share video messages outside of video meetings and is designed to help employees reduce the number of virtual meetings they must attend.
The new offering will enter beta testing soon and users can join a waiting list to be among the first to try it out. After testing, it will have a free tier and a premium tier offering advanced features.
Vidcast is the first offering to come out of Webex Leap – an accelerator programme designed to innovate on the Webex platform.
Jeetu Patel, General Manager of Cisco Security and Collaboration, said: “In today’s era of hybrid work, businesses and individuals are increasingly seeking new ways to problem-solve and communicate globally.
“We’re thrilled to unveil Vidcast to directly address this need, eliminating the restrictions of time zones or conflicting schedules.
“The best ideas and innovations can come from anywhere within an organization, and Webex Leap provides an avenue for our employees to experiment and express their entrepreneurial spirit.”
Nasstar Completes KCOM Deal
The MSP finalised its deal to acquire the ICT business of KCOM, which was announced in June.
The acquisition creates the largest independent IT managed service provider in the UK, Nasstar claimed.
Wayne Churchill, CEO of Nasstar, said: “We have been delighted with the feedback from customers since we announced the acquisition, and this has helped move the deal to completion quickly.
“We now look forward to the future and realising the value and opportunities that the combination of KCOM’s people, capabilities and customers represent combined with Nasstar”
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