RingCentral Acquires Virtual Events Assets From Hopin
RingCentral has acquired Hopin’s events business, strengthening its presence in the virtual event space.
Hopin Events is an all-in-one event management platform for the planning and production of virtual and hybrid events, providing features for multiple event types and formats, including conferences, multi-track sessions, networking, sponsor booths, and efficient registration tools.
Also added to the deal is Hopin Session, a solution designed to host virtual webinars. RingCentral stated that complementing the acquired technology, the deal also entails “engineering, product and go-to-market talent from Hopin”.
Vlad Shmunis, Founder, Chairman, and CEO of RingCentral, commented:
We see an opportunity to redefine how video communication is experienced. This acquisition is a key next step in our journey to deliver more personalized and engaging video meetings and events for customers. We expect the technology and outstanding talent from Hopin will accelerate our ability to achieve these goals and help us differentiate our entire video portfolio.”
Hopin rose to prominence during the pandemic and became a market leader in virtual events, achieving unicorn status as businesses adapted to the transition from in-person to virtual events.
The deal involves RingCentral’s suite of products expanding beyond collaboration and into the events space.
Salesforce Launches Slack Sales Elevate with AI-Powered Features
Salesforce has announced Slack Sales Elevate, a personalised sales home that integrates Slack’s collaboration platform with Sales Cloud and contains AI-powered features.
Also containing AI-powered features, Slack Sales Elevate is built into Slack, providing a hub that centralises information, streamlines processes, and automates administrative tasks in the platform where sales teams already collaborate with peers, partners, and customers. The offering is also powered by Salesforce data, enhancing productivity and collaboration among sales teams.
“Bringing Sales Cloud into Slack and providing new sales productivity tools and automation in Slack helps sellers save time and access the right people and information to make better decisions,” said Rob Seaman, SVP of Product at Slack. A Slack-based approach to selling will make it easier than ever for Sales Cloud customers to focus on the work that matters: working with customers and closing deals.”
Slack Sales Elevate is generally available now for customers of Slack Business+ plans and above, as well as Professional, Enterprise and Unlimited Sales Cloud versions. It is priced at $60 per user per month.
Sangoma Appoints Charles Salameh as New CEO
Sangoma has appointed its new Chief Executive Officer, Charles Salameh.
Salameh was previously Global Head of Account Expansion at Infosys, where he was responsible for driving revenue growth and expansion across Infosys’ almost $18.2 billion book of business, according to the company’s Financial Year 2023 reported revenue.
Salameh stated:
I am thrilled to join the Sangoma team as the new CEO. Sangoma has built an impressive reputation in the industry, and I am eager to build upon its strong foundation and formidable solutions portfolio. Together with the talented employees at Sangoma and a vast partner ecosystem, we will continue to innovate and deliver cutting-edge solutions that empower businesses to operate efficiently and communicate effectively and seamlessly.”
Salameh has also been appointed to Sangoma’s Board of Directors, effective September 1.
Salameh’s responsibilities as Sangoma’s new CEO will involve collaborating closely with the communications and IT vendor’s executive team to strengthen Sangoma’s commitment to customer satisfaction and solutions innovation. Saameh and Angoma’s ambition is to further the company’s status as a global leader in elite cloud-based communications services.
Atos in Discussions to Sell Tech Foundations, Rename as Eviden
Atos has entered into talks to sell its Tech Foundations (TFCo) business, a deal which will result in Atos assuming the name of its digital and cloud business arm, Eviden.
Atos is in discussions with firm EP Equity Investment (EPEI) over the deal. Upon its completion, Atos will be renamed to Eviden, and Tech Foundations will continue the Atos brand. Atos emphasised that the divesture would enable Eviden to focus on its digital, cybersecurity, cloud, and advanced computing business arms.
“Following the sale of TFCo, Atos would become Eviden, a global leader in digital transformation with full strategic flexibility and enhanced capital structure to further accelerate its development,” explained Atos’ leadership team, comprising Nourdine Bihmane, Diane Galbe and Philippe Oliva.
“TFCo stakeholders would benefit from the backing and long-term vision of EPEI to fully implement its transformation and repositioning. This transaction will unlock new opportunities for the employees of both TFCo and Eviden. We welcome EPEI’s full support to TFCo’s management and employees.”
Atos’ board has passed the deal, and the transaction is expected to conclude in late 2023 or early 2024, depending on shareholder approval and other closing conditions.
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