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New Deal


Announced

Completed

Zoom completed the acquisition of Keybase.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

IT Services: Other

secure messaging

Private

it services

Friendly

technology

Acquisition

Single Bidder

United States

Completed

Disposal

Private Equity

Synopsis

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Zoom, an American communications technology company, completed the acquisition of Keybase, a secure messaging and file-sharing service. Financial terms were not disclosed. “There are end-to-end encrypted communications platforms. There are communications platforms with easily deployable security. There are enterprise-scale communications platforms. We believe that no current platform offers all of these. This is what Zoom plans to build, giving our users security, ease of use, and scale, all at once. The first step is getting the right team together. Keybase brings deep encryption and security expertise to Zoom, and we’re thrilled to welcome Max and his team. Bringing on a cohesive group of security engineers like this significantly advances our 90-day plan to enhance our security efforts,” Eric S. Yuan, Zoom CEO.

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