Lifesize Acquires Kaptivo to Fuel Next Generation of Advanced Collaboration
AI-driven technology enables professionals and educators to enhance collaboration, securely share ideas and add intelligence to any virtual meeting or classroom
Lifesize, a global innovator of immersive enterprise communication solutions, announced the acquisition of Kaptivo, a digital collaboration solutions company. With the addition of Kaptivo, Lifesize further expands its portfolio of cloud-based unified communications and collaboration (UCC) solutions for contact centers, video conferencing and meeting rooms with a new suite of advanced collaboration tools.
“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”
An industry pioneer in computer vision, image processing and artificial intelligence for visual collaboration, Kaptivo develops solutions that make remote brainstorming, education, planning and content creation more effective and productive. Kaptivo’s current products address an unmet need in remote meetings: Connecting the hundreds of millions of existing, traditional whiteboards to modern collaboration tools so that participants can brainstorm, teach, plan and draw as if everyone was in the same room. The Kaptivo solution pairs advanced image processing software that eliminates shadows, reflections and people in front of the whiteboard with an enterprise-grade, secure, cloud-based collaboration platform.
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Along with the acquisition, Lifesize also announced the immediate availability of a new Kaptivo-powered digital whiteboard application, providing enhanced capabilities for remote collaboration and instruction within Lifesize video meetings. According to a recent report from Nemertes Research, more than half of organizations are using or planning to use digital whiteboards by 2021.
“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,” said Craig Malloy, CEO of Lifesize. “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.”
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