Oslo, Norway, 14th January 2019
Today, Videxio and Pexip, leading players in the enterprise collaboration market, confirmed that their proposed merger had received regulatory, shareholder, and Board approval. The merger became effective on 28th December, and the newly registered joint company is Pexip.
“We are excited to confirm that the proposed merger is now a reality, and it is, of course, a fantastic way to start the new year,” said Odd Sverre Østlie, CEO of the new joint company. “We kick-started 2019 with joint sales, marketing, and product initiatives that will build on the solid legacy created by two great teams and bring success to the new company, our partners, and our customers. The merger puts us in a unique position to offer a product portfolio that will meet the needs of a broader range of users while continuing to introduce innovative solutions to the market. We can’t wait to get started!”
“The merger creates a one-stop shop for enterprise customers and service providers. With the combination of two great teams and two leading video collaboration solutions, I’m excited to see what the new Pexip will bring to market in the coming years,” said Rob Arnold, Principal Analyst Frost & Sullivan.
Pexip will enter its new joint headquarters in Oslo, Norway, in April 2019. The Company will serve over 300 partners globally, with users in 195 countries. A strong leadership and founder team will lead it from both companies.
Pexip enables enterprises and organizations of any size to deploy and use video-based communication and collaboration. The Company’s portfolio of products ranges from self-hosted software to cloud service video solutions.
Pexip provides seamless collaboration between previously incompatible video and audio technologies such as professional video conferencing systems, Skype for Business, Microsoft Teams, Google Hangouts Meet, and WebRTC. Pexip’s software-based meeting platform can also be a foundation for service provider offerings.
Pexip has HQ in Oslo, Norway, main offices in London, UK, New York and Reston, US, and Sydney, Australia, as well as sales offices across the globe.