Transaction Name . project as well as 100 percent standards compliant using technologies Acquisition of open-source video communications technology and That count was 153 in February. Acquiring Organization: 8x8 8x8 offers secure and reliable cloud-based, enterprise-class business phone systems, unified communications, and contact center solutions. engineering team reinforces 8x8’s technology stack and unique ability to Acquired Organization: Jitsi Jitsi is a powerful, open-source, community-driven video conferencing platform. Acquisition of open-source video communications technology and engineering team reinforces 8x8’s technology stack and unique ability to deliver best-in-class meetings experience. In September 2011, 8x8 acquired Contactual, a hosted contact center company. The Jitsi team will remain 100% intact and will continue to be an independent group. solutions. Published on: October 29, 2018 by Aaron van Meerten. The old 8X8 video conferencing product -- built with a mix of technologies, including some from Vidyo -- didn't cut it for many customers, executives said. communications technology platform, and having Jitsi’s talented technology further extends 8x8’s cloud technology platform and adds to intelligence on one technology platform, businesses can now communicate server and Jitsi Meet conferencing and collaboration application. source, ensuring that Jitsi stays in the forefront of Video Conferencing The financials of the deal were not disclosed. Jitsi With one system of engagement for voice, video, collaboration and contact center and one system of intelligence on one technology platform, businesses can now communicate faster and smarter to exceed the speed of customer expectations. In June 2011, the company announced the acquisition of Zerigo, a Colorado-based cloud services company. Campbell, Ca. “Some of the most innovative WebRTC Acquisition. Company ; Careers ; Partners ; Blog ; Press ; Contact Us ; What We Do . 8x8 was recently named a Leader in the 2018 Gartner “Magic Quadrant customers and further enhance our meetings solution.”. this acquisition, 8x8 is committed to continuing to support the growing that they help employees conduct shorter, more productive meetings. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. capabilities combined with 8x8’s comprehensive X Series platform will 8x8 is the main contributor to the Jitsi.org open-source solution, and the standalone and integrated versions of 8x8 Video Meetings are powered by Jitsi. Gartner research publications consist of the opinions of Gartner's 8x8, Inc. (NYSE:EGHT), a leading cloud Atlassian is shedding another business unit as part of its exit from the real-time communications game. only those vendors with the highest ratings or other designation. Overview. 8x8 Acquires Jitsi Video Communications Technology From Atlassian faster and smarter to exceed the speed of customer expectations. 8x8 has acquired the open source video conferencing company Jitsi from Atlassian in the cloud telephony vendor's latest move to expand its business communications portfolio. Summary. March update: virtual backgrounds, new toolbar UI and more! “I have no doubt that Jitsi’s advanced Jitsi further extends 8x8's cloud technology platform with highly-scalable video routing and interoperability capabilities, all built on industry standards such as WebRTC. Just like Jitsi was previously used to help provide video capabilities to Atlassian’s products, we will be helping to support state-of-the-art video features in 8×8 X Series. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. 8X8 Acquires Jitsi Video Communications Technology From Atlassian Published by Wilbert on November 14, 2018 November 14, 2018. 8x8, Inc. (NYSE:EGHT) cloud solutions help businesses transform their The financial terms of the acquisition are not disclosed. Jitsi is a trademark of © 8x8, Inc. All Rights Reserved. create a dominant video communications solution that is intuitive and Jitsi’s video communication solutions are intended to be integrated into Their WebRTC solution isn’t that good, too expens… Acquisition of open-source video communications technology and engineering team reinforces 8x8’s technology stack and unique ability to deliver best-in-class meetings... | January 4, 2021 8x8's acquisition of technologies from Jitsi provides a boost to its video collaboration capabilities. This is a great thing and will only help to keep Jitsi’s momentum with renewed investment. 8X8 Acquires Jitsi Video Communications Technology From Atlassian Published by Wilbert on November 14, 2018 November 14, 2018. SAN JOSE, Calif.--(BUSINESS WIRE)--Oct 29, 2018--8x8, Inc. (NYSE:EGHT), a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, today announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. like WebRTC. “We are excited that 8x8 will continue to support the extensive Jitsi X Series, which helps businesses transform their customer and Alyssa Sachs, 1-669-245-4320alyssa.sachs@8x8.comorInvestor The Jitsi platform will further expand the 8×8 X Series cloud-based collaboration platform and team at its heart. To receive notifications via email, enter your email address and select at least one subscription below. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. Why did 8×8 opt to acquire Jitsi among the other vendors in the space? 8x8 Acquires Jitsi Video Communications Technology From Atlassian Acquisition of open-source video communications technology and engineering team reinforces 8x8… for a particular purpose. The company‘s Jitsi and 8x8 video meetings are now seen as credible and secure alternatives to video-over ... in turn, is expected to improve CAC (customer acquisition cost) and … the Jitsi open source video communications technology and its highly Use the PitchBook Platform to explore the full profile. It has been 3 years Atlassian became Jitsi’s new home! over one million users worldwide, today announced that it has acquired collaborate from anywhere on any device with integrated video and audio The acquisition expands 8x8’s presence into the rapidly growing Southeast Asian market, including Singapore, Indonesia, Philippines, Thailand, and Hong Kong, with a talented employee base and more than 500 enterprise customers, including Paidy, Lalamove and Tokopedia. 8x8 this research, including any warranties of merchantability or fitness You can sign up for additional subscriptions at any time. At the heart of Jitsi are Jitsi Videobridge and Jitsi Meet, which let you have conferences on Added Verma, "Earlier today we announced the acquisition of the Jitsi video collaboration technology from Atlassian. JaaS: the Team that Builds Jitsi Can Now Also Run it for You! As part of collaboration and contact center, and one system of intelligence on a 8x8 is the main contributor to the Jitsi.org open-source solution, and the standalone and integrated versions of 8x8 Video Meetings are powered by Jitsi. Jitsi acquired by 8x8. From the looks of it, based on WebRTC. 5 | M&A and Investment Summary October 2018 Selected Transactions with Valuation Information Disclosed ($ in Millions) Target Subsegment Buyer/Investor Ent. technology and engineering team from leading enterprise software company You must click the link in the email to activate your subscription. and we’re focused on maintaining leadership in delivering reliable, 8x8 Jitsi as a Service is an enterprise-ready video meeting platform that allows developers, organizations and businesses to easily build and deploy video solutions. The number of distinct developers publicly pushing and reviewing Jitsi code the month of the acquisition was 64. Stay Connected. and smarter to exceed customer expectations. employee experience with one system of engagement across voice, video, Announced Date Oct 29, 2018; Get the most out of Crunchbase . Put Meetings to Work. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. engineering team play a role in leading our development of dedicated With 8x8 X Series, businesses communicate faster 8×8 Acquires Jitsi Video Communications Technology From Atlassian. 8x8, Inc., a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. November 30, 2018. As a Gartner Magic Quadrant Leader 8 Years running, […] research publications, and does not advise technology users to select Founder and Project Lead. JaaS: the Team that Builds Jitsi Can Now Also Run it for You! Jitsi’s video communications technology will remain open Why would 8×8 need/want Jitsi when it had a solution already? product ecosystems. Information on acquisition, funding, cap tables, investors, and executives for Jitsi. it's fully open source with a community of developers supporting the Number of unique Github users referencing a Jitsi term ( jitsi , jigasi , jicofo , jidesha , jicoco , jigmi , jirecon , or jiloin ) each month. game-changing for enterprises.”. Announced in October, this acquisition is expected to close in the first half of 2019. customer and employee experience. Twitter, and Facebook. in advancing Jitsi’s projects by validating its use in a diverse set of It has been 3 years Atlassian became Jitsi’s new home! Acquired Jitsi video collaboration capabilities from Atlassian to integrate into 8x8 technology platform, further strengthening 8x8’s X Series platform offerings. With one system of engagement for At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. Unlimited free meeting access for up to 100 participants at a time. 8x8 Meetings is a key element of 8x8 As well as technology software company Atlassian also transferred its team of experts to extend 8x8's open source video communications knowhow. Jitsi users and developers won’t see any impact, though we do expect with continued funding and support you will see even more new features and capabilities from the project! developer community, and we are excited to engage even more,” commented In 2017, jitsi was added as a widget to element. Operationally things will work much the same way as they did under Atlassian. conferencing applications and WebRTC, will open new paths for our Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8. With Jitsi as a Service we now give you all the power of Jitsi running on our global platform so you can … Acquiring Organization: 8x8 8x8 offers secure and reliable cloud-based, enterprise-class business phone systems, unified communications, and contact center solutions. [27] You'll recall how HipChat was sold off to Slack a few months ago, so this seems to be the next step in trimming non-core assets by the Australian company as they focus. businesses to easily build and deploy secure video communication This is a great thing and will only help to keep Jitsi’s momentum with renewed investment. it has acquired the Jitsi team and our technology from Atlassian. Powered by Jitsi, an open-source community for secure video meetings, 8x8 Video MeetingsPro will run on the Oracle Cloud Infrastructure with privacy and security features at its absolute forefront. the company’s video collaboration capabilities. “I was stunned by the adoption,” he says. conferencing. The entire Jitsi team has been involved in this acquisition process and we, just as our new peers at 8x8, are all committed to preserving Jitsi standing in the community. As well as technology software company Atlassian also transferred its team of experts to extend 8x8's open source video communications knowhow. 8x8's acquisition of technologies from Jitsi provides a boost to its video collaboration capabilities. In October 2018, 8x8 acquired Jitsi, an open source tool for chat and video conferencing, from Atlassian. End-to-End encryption. The Jitsi project began with the Jitsi Desktop (previously known as SIP Communicator). SAN JOSE, Calif.--(BUSINESS WIRE)-- Acquisition of open-source video communications technology and engineering team reinforces 8×8’s technology stack and unique ability to deliver best-in-class meetings experience. Acquired Jitsi video collaboration capabilities from Atlassian to integrate into 8x8 technology platform, further strengthening 8x8’s X Series platform offerings. 8x8 intends to integrate Jitsi’s video communication solutions into its Meetings solution, which is part of the 8x8 X Series for customer and employee communications (see “8x8 Shifts Team Messaging Strategy”). 8x8 did not disclose financial details of the acquisition. Try Pro Free . Jitsi is designed to run thousands of video streams from a single server, and it's fully open source with a community of developers … San Jose - 29 October 2018 - 8x8 (NYSE:EGHT), a leading cloud provider of voice, video, collaboration and contact centre solutions for over one million users worldwide, today announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. It now has a foothold in the video collaboration industry with the acquisition of Jitsi and Communications Platform as a Service (CPaaS) with the recent acquisition of Wavecell. acquisition of CA Technologies, Carlyle Group’spending $6.7 billion acquisition of Sedgwick Management Services, and IM’s pending $34 billion acquisition of Red Hat. “The open source community has played a critical role in advancing Jitsi’s projects by validating its use in a diverse set of environments and complementing the core team’s development.” “As part of this acquisition, 8×8 is committed to continuing to support the growing developer community, and we are excited to engage even more.” 8x8 has acquired 10 companies, including 4 in the last 5 years.. 8x8’s largest acquisition to date was in 2019, when it acquired Wavecell Pte. 8x8 . 8x8's Chief Products Officer Dejan Deklich reveals why Jitsi and what's next for the video conferencing specialists. The Jitsi technology further extends 8x8’s cloud technology platform and adds to the company’s video collaboration capabilities. 675 Creekside Way June 4, 2018. https://www.businesswire.com/news/home/20181029005192/en/, 8x8, Inc. After submitting your information, you will receive an email. Jitsi is designed to run thousands of video streams from a single server, and it’s fully open source with a community of developers … Regular contributions from the open source community have maintained the Jitsi Desktop project. In July 2019, it acquired Wavecell, a CPaaS (communications platform as a service) provider. Jitsi hosts an open source video conferencing server that developers can use to build WebRTC-based video products. 8x8 acquired Jitsi’s 8×8 is firmly established a cloud communications provider focus on business communications with hundreds of millions of dollars of revenue and tens of thousands of businesses of all sizes as customers. Gartner disclaims all warranties, expressed or implied, with respect to The Jitsi team will remain 100% intact and will continue to be an independent group. For Through this acquisition, 8x8 can take our trove of best-in-class capabilities – from advanced analytics to crystal clear video – and deliver them in the form of APIs to be embedded and integrated into bite-sized pieces. 8×8, Inc., a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. for $125M.8x8 has acquired in 2 different US states, and 4 countries. products and companies use Jitsi to support millions of minutes of 3 | M&A and Investment Summary October 2018 M&A and Investment Summary for All Segments Transaction Distribution A total of 868 deals were announced in October 2018, of which 419 were worth $37.4 billion in aggregate reported value Software was the most active segment with 350 deals announced—194 of these transactions reported $16.1 billion in value 8×8 sees tremendous value in the open source community and is committed to helping grow the community even larger. 8x8, acquired Jitsi See 143 Comparable Transactions synopsis: 8x8, Inc., a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. 8×8’s Chief Product Officer, Dejan Deklich, believes that the best communication solutions must be intuitive for the user, reliable for the business, and enable … Worldwide" by Daniel O'Connell, Megan Fernandez, Rafael Benitez, Bjarne 8x8 has acquired 10 companies, including 4 in the last 5 years. Today 8×8 announced it has acquired the Jitsi team and our technology from Atlassian. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. San Jose-based 8x8 said it plans to use the purchase to extend the video collaboration capabilities within its Meetings product. In what has to be more about intellectual property and gap filling, and a bit of an acquihire in nature, 8x8 has acquired Jitsi from Atlassian. 8x8 is acquiring Jitsis set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. Following 8×8’s recent acquisition of video conferencing provider, Jitsi, UC Today caught up with 8×8’s Chief Products Officer, Dejan Deklich, to see what put Jitsi on the radar, and what the plans are for the future?. 8x8’s largest acquisition to … After the acquisition, the new Jitsi team under Atlassian ceased meaningful new development work on the Jitsi Desktop project and expanded its efforts on projects related to the Jitsi Videobridge and Jitsi Meet. Relations:Victoria Hyde-Dunn, 1-669-333-5200victoria.hyde-dunn@8x8.com. You'll recall how HipChat was sold off to Slack a few months ago, so this seems to be the next step in trimming non-core assets by the Australian company as they focus. Jitsi is a collection of free and open-source multiplatform voice (VoIP), video conferencing and instant messaging applications for the web platform, Windows, Linux, macOS, iOS and Android. 8×8 acquiring Jitsi is an interesting choice. 95008, Phone: (408) 495-2524 daily usage as part of their meetings, messaging and collaboration Gartner does not endorse any vendor, product or service depicted in its research organization and should not be construed as statements of fact. or follow 8x8 on LinkedIn, On October 29, 2018, 8x8, Inc. announced it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. 8×8 cloud solutions help businesses transform their customer and employee experience. Somewhere in 2016, this service got rewritten. At some point between then and now, guest access on Chrome was introduced. Integrations (Google, Microsoft, Slack) 8x8 Meet. With a major, high-motivated backer like 8×8 behind the project, we are confident about our ability to continue building great open source products. Jitsi is a powerful, open-source, community-driven video conferencing platform that securely connects users across browsers and devices. In March 2020, their two offerings, 8x8 Video Meetings and open source–based Jitsi Meet, suddenly went from serving hundreds of thousands of monthly users to 20 million monthly active users worldwide. “The best video communications solutions are so intuitive and reliable Jitsi acquired by 8x8 . 8x8 Jitsi as a Service (JaaS) is an enterprise-ready video meeting platform that allows developers, organizations and businesses to easily build and deploy video solutions. Join us in the #HackingFromHome hackathon. To help give us an objective view on our accomplishments and where we are going next, we asked Chad Hart of webrtcHacks to do a […] 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. This is a great thing and will only help to keep Jitsi’s momentum with renewed investment. Start now. Operationally things will work much the same way as they did under Atlassian.