CoreDial, a provider of cloud communications, video collaboration, and contact center solutions, has acquired eZuce, a video collaboration and communications technology vendor. eZuce's offerings include Vibe, a cloud-based video collaboration platform; Uniteme, a unified communications solution; and Reachme, a contact center offering. Terms of the transaction were not disclosed.
"To say we're all-in on video would be an understatement. This acquisition underscores our commitment to satisfy the growing demand for enterprise-class video communications solutions for small to medium businesses, as well as large enterprises and vertically focused applications," said Alan Rihm, CoreDial's CEO, in a statement. "In addition to adding innovative, and competitive new technology to our portfolio, we're equally excited to welcome eZuce's experienced team into the CoreDial family. This acquisition positions CoreDial and our partners to deliver even more value to business customers of all sizes, while providing strong growth opportunities for CoreDial and our channel partners."
CoreDial plans to integrate the eZuce video collaboration technology into its CoreNexa platform. In addition, CoreDial will make the video collaboration software and services available as a stand-alone offering.
"While video meetings were certainly gaining traction leading into the pandemic, the impact of COVID-19 has exponentially accelerated demand for reliable, secure, and scalable solutions," noted Roopam Jain, senior industry director at Frost & Sullivan, in a statement. "CoreDial's acquisition of eZuce and its Vibe service is aligned with the dramatic shifts in the future of business communications. As a result of this transaction, CoreDial's channel partners will be well-positioned to compete in a variety of markets by delivering a comprehensive suite of cloud communications and collaboration that tightly integrates simple yet high-quality video meetings, team chat, cloud calling, and contact center capabilities."