Announced
Financials
Sources
Tags
Digital Services
Pending
digital collaboration solutions
United States
Majority
Acquisition
Single Bidder
Friendly
Private
Venture Capital
Private Equity
Synopsis
Lifesize, a global enterprise communication solutions provider, agreed to acquire Kaptivo, a digital collaboration solutions company, from a syndicate of venture capital investors Benhamou Global Ventures, Draper Esprit, and Generation Ventures. Financial terms were not disclosed. “Kaptivo is a natural addition to the Lifesize platform, and its unique technology and talented team will allow us to accelerate our rate of innovation while simultaneously delivering new value to customers. We look forward to rapidly expanding our advanced collaboration offering and helping organizations work, engage, teach and learn more naturally and effectively, from wherever they are,” Craig Malloy, Lifesize CEO.
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