create a dominant video communications solution that is intuitive and Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8. Added Verma, "Earlier today we announced the acquisition of the Jitsi video collaboration technology from Atlassian. Published on: October 29, 2018 by Aaron van Meerten. Join us in the #HackingFromHome hackathon. 8x8. 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. 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 8x8 Acquires Jitsi Video Communications Technology From Atlassian | The ChannelPro Network 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. Transaction Name . The company used the Jitsi open source video conferencing software that it acquired from Atlassian last year to build the new product, called 8x8 … Acquisition. Acquired Jitsi video collaboration capabilities from Atlassian to integrate into 8x8 technology platform, further strengthening 8x8’s X Series platform offerings. 8×8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. additional information, visit www.8x8.com, “Some of the most innovative WebRTC 8x8's acquisition of technologies from Jitsi provides a boost to its video collaboration capabilities. Founder and Project Lead. You can sign up for additional subscriptions at any time. Integrations (Google, Microsoft, Slack) 8x8 Meet. the company’s video collaboration capabilities. 8x8, Inc. (NYSE:EGHT), a leading cloud industry developments, including new application use cases. To download a copy of the report, visit https://www.8x8.com/resources/white-papers/gartner-magic-quadrant. community and help to accelerate our development,” said Emil Ivov, Jitsi businesses to easily build and deploy secure video communication 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. Worldwide" by Daniel O'Connell, Megan Fernandez, Rafael Benitez, Bjarne Their WebRTC solution isn’t that good, too expens… The Jitsi project began with the Jitsi Desktop (previously known as SIP Communicator). That has to mean something . Multiple participants can share their screen simultaneously. 8×8 Acquires Jitsi Video Communications Technology From Atlassian. Company ; Careers ; Partners ; Blog ; Press ; Contact Us ; What We Do . 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. source, ensuring that Jitsi stays in the forefront of Video Conferencing game-changing for enterprises.”. 8×8 cloud solutions help businesses transform their customer and employee experience. Jitsi was acquired by 8x8 on Oct 29, 2018. 8x8 did not disclose financial details of the acquisition. research publications, and does not advise technology users to select desktop applications,” said Dejan Deklich, Chief Product Officer at 8x8. 8x8® and 8x8 X Series™ are trademarks of 8x8, Inc. View source version on businesswire.com: Summary. 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. project as well as 100 percent standards compliant using technologies Acquired by . 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. As well as technology software company Atlassian also transferred its team of experts to extend 8x8's open source video communications knowhow. Start now. 8x8 Acquires Jitsi Video Communications Technology From Atlassian Acquisition of open-source video communications technology and engineering team reinforces 8x8… “Secure video meetings are a critical part of the day-to-day work of everyone around the world,” shared 8x8 CEO, Vik Verma. 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. 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. Atlassian. You must click the link in the email to activate your subscription. For 8x8 Acquires Jitsi Video Communications Technology From Atlassian Acquisition of open-source video communications technology and engineering team reinforces 8x8… It has been 3 years Atlassian became Jitsi’s new home! 8x8 is acquiring Jitsis set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. that they help employees conduct shorter, more productive meetings. Jitsi 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. Regular contributions from the open source community have maintained the Jitsi Desktop project. 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 Jitsi is a set of open-source projects that allows you to easily build and deploy secure videoconferencing solutions. environments and complementing the core team’s development. 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. 8x8 recently acquired the Jitsi team and technology, so Emil is now also my colleague. Gartner research publications consist of the opinions of Gartner's In October 2018, 8x8 acquired Jitsi, an open source tool for chat and video conferencing, from Atlassian. Email: investor.relations@8x8.com, 8x8 Acquires Jitsi Video Communications Technology From Atlassian, https://www.8x8.com/resources/white-papers/gartner-magic-quadrant, https://www.businesswire.com/news/home/20181029005192/en/. Published: 30 Oct 2018. Gartner disclaims all warranties, expressed or implied, with respect to At the heart of Jitsi is the Jitsi Videobridge conferencing 8x8 and Jitsi: Atlassian likely acquired Jitsi to complement its messaging (HipChat and Stride) with WebRTC video. and smarter to exceed customer expectations. collaborate from anywhere on any device with integrated video and audio and we’re focused on maintaining leadership in delivering reliable, In 2017, jitsi was added as a widget to element. Media: 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. 8x8 Meetings is a key element of 8x8 [1] Gartner "Magic Quadrant for Unified Communications as a Service, 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. Emil and I talked about the unique business model associated with open-source technology, how Jitsi grew out his lifelong interest in remote communications and why open-source isn’t just for idealists. Somewhere in 2016, this service got rewritten. 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 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. End-to-End encryption. To receive notifications via email, enter your email address and select at least one subscription below. This is a great thing and will only help to keep Jitsi’s momentum with renewed investment. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. Jitsi acquired by 8x8. engineering team play a role in leading our development of dedicated 8X8 Acquires Jitsi Video Communications Technology From Atlassian Published by Wilbert on November 14, 2018 November 14, 2018. Jitsi's tech and engineering teams will also be making the move to 8X8 … ... 8x8 acquired Jitsi, an open source tool for chat and video conferencing, from Atlassian. The financial terms of the acquisition are not disclosed. Jitsi’s video communication solutions are intended to be integrated into this research, including any warranties of merchantability or fitness 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! deliver best-in-class meetings experience. collaboration and contact center, and one system of intelligence on a 8x8, Inc. The financials of the deal were not disclosed. From the looks of it, based on WebRTC. 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. The Jitsi platform will further expand the 8×8 X Series cloud-based collaboration platform and team at its heart. At some point between then and now, guest access on Chrome was introduced. Acquisition of open-source video communications technology and conferencing. communications technology platform, and having Jitsi’s talented Jitsi Jitsi is a powerful, open-source, community-driven video conferencing platform. X Series, which helps businesses transform their customer and 8x8, Inc. to Report Third Quarter Fiscal 2021 Financial Results on January 28, 2021 Jan 14, 2021 UK Government Authority, Liverpool City Council, Goes Digital with 8x8; Enhances Vital Services for Residents “I have no doubt that Jitsi’s advanced 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. Operationally things will work much the same way as they did under Atlassian. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow 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! 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. Gartner does not endorse any vendor, product or service depicted in its “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, 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. With Jitsi as a Service we now give you all the power of Jitsi running on our global platform so you can focus on building secure and branded video experiences. 95008, Phone: (408) 495-2524 the Jitsi open source video communications technology and its highly Try Pro Free . Twitter, and Facebook. capabilities combined with 8x8’s comprehensive X Series platform will skilled team of open source video technology experts. engineering team reinforces 8x8’s technology stack and unique ability to 8x8 has acquired 10 companies, including 4 in the last 5 years. developer community, and we are excited to engage even more,” commented 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 […] Read more. 675 Creekside Way 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?. customer and employee experience. San Jose-based 8x8 said it plans to use the purchase to extend the video collaboration capabilities within its Meetings product. The number of distinct developers publicly pushing and reviewing Jitsi code the month of the acquisition was 64. Bryan Martin, Chairman and Chief Technology Officer at 8x8. 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. As a Gartner Magic Quadrant Leader 8 Years running, […] Jitsi acquired by 8x8 . Atlassian is shedding another business unit as part of its exit from the real-time communications game. Relations:Victoria Hyde-Dunn, 1-669-333-5200victoria.hyde-dunn@8x8.com. In September 2011, 8x8 acquired Contactual, a hosted contact center company. Operationally things will work much the same way as they did under Atlassian. Free Trial. for $125M.8x8 has acquired in 2 different US states, and 4 countries. Today 8×8 announced it has acquired the Jitsi team and our technology from Atlassian. employee experience with one system of engagement across voice, video, is designed to run thousands of video streams from a single server, and crystal-clear video and audio conferencing quality across mobile and 8×8 sees tremendous value in the open source community and is committed to helping grow the community even larger. Campbell, Ca. technology and engineering team from leading enterprise software company As part of this acquisition, 8x8 is committed to continuing to support the growing developer community, and we are excited to engage even more,” commented Bryan Martin, Chairman and Chief Technology Officer at 8x8. 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. Operationally things will work much the same way as they did under Atlassian. Jitsi is designed to run thousands of video streams from a single server, and it’s fully open source with a community of developers … The open source community has played a critical role 8x8 acquired Jitsi’s customers and further enhance our meetings solution.”. This is a great thing and will only help to keep Jitsi’s momentum with renewed investment. like WebRTC. Acquiring Organization: 8x8 8x8 offers secure and reliable cloud-based, enterprise-class business phone systems, unified communications, and contact center solutions. Use the PitchBook Platform to explore the full profile. research organization and should not be construed as statements of fact. 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. JaaS: the Team that Builds Jitsi Can Now Also Run it for You! In July 2019, it acquired Wavecell, a CPaaS (communications platform as a service) provider. Acquired Organization: Jitsi Jitsi is a powerful, open-source, community-driven video conferencing platform. With one system of engagement for Red Hat / IBM. The Jitsi team will remain 100% intact and will continue to be an independent group. 8x8, Inc. (NYSE:EGHT) cloud solutions help businesses transform their 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. The Atlassian Acquisition – 3 years later. When the Slack-Atlassian acquisition music stopped, Jitsi found itself without a chair -- and that gave 8x8 … SAN JOSE, Calif.--(BUSINESS WIRE)-- Number of unique Github users referencing a Jitsi term ( jitsi , jigasi , jicofo , jidesha , jicoco , jigmi , jirecon , or jiloin ) each month. Announced in October, this acquisition is expected to close in the first half of 2019. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. 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. Acquiring Organization: 8x8 8x8 offers secure and reliable cloud-based, enterprise-class business phone systems, unified communications, and contact center solutions. the seventh consecutive year that 8x8 has been recognized as a Leader. provider of voice, video, collaboration and contact center solutions for 8x8’s largest acquisition to … single cloud platform. It has been 3 years Atlassian became Jitsi’s new home! The Jitsi technology further extends 8x8’s cloud technology platform and adds to the company’s video collaboration capabilities. As well as technology software company Atlassian also transferred its team of experts to extend 8x8's open source video communications knowhow. Unlimited free meeting access for up to 100 participants at a time. Acquired Jitsi video collaboration capabilities from Atlassian to integrate into 8x8 technology platform, further strengthening 8x8’s X Series platform offerings. “The best video communications solutions are so intuitive and reliable https://www.businesswire.com/news/home/20181029005192/en/, 8x8, Inc. or follow 8x8 on LinkedIn, 8x8 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 … [27] 8x8 . over one million users worldwide, today announced that it has acquired 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. 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. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. 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. June 4, 2018. “Incorporating Jitsi’s open-source technology into our video 8x8's Chief Products Officer Dejan Deklich reveals why Jitsi and what's next for the video conferencing specialists. solutions. The Jitsi team will remain 100% intact and will continue to be an independent group. it's fully open source with a community of developers supporting the November 30, 2018. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. 8x8 Inc. is a US-based provider of Voice over IP products. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. 8×8 acquiring Jitsi is an interesting choice. Overview. “I was stunned by the adoption,” he says. The Jitsi team will remain 100% intact and will continue to be an independent group. 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 At the heart of Jitsi are Jitsi Videobridge and Jitsi Meet, which let you have conferences on The financials of the deal were not disclosed. Here’s where things get interesting: 8×8 already has a WebRTC based web conferencing solution called “8×8 Virtual Office Meetings Online”. Munch, Christopher Trueman, Mihai Nguyen, October 10, 2018. Stay Connected. Jitsi further extends 8x8's cloud technology platform with highly-scalable video routing and interoperability capabilities, all built on industry standards such as WebRTC. Information on acquisition, funding, cap tables, investors, and executives for Jitsi. 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. 8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. Why would 8×8 need/want Jitsi when it had a solution already? 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. 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 tool will become a part of 8X8 Meetings but it will still remain open source after the acquisition is complete. 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. Put Meetings to Work. in advancing Jitsi’s projects by validating its use in a diverse set of 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 is a trademark of © 8x8, Inc. All Rights Reserved. 8x8 Meetings, which already enables thousands of businesses worldwide to for a particular purpose. That count was 153 in February. 8x8's acquisition of technologies from Jitsi provides a boost to its video collaboration capabilities. Report for Unified Communications as a Service, Worldwide.”¹ This marks With 8x8 X Series, businesses communicate faster Jitsi’s community is today richer and stronger than ever and that’s our track record. 8x8 was recently named a Leader in the 2018 Gartner “Magic Quadrant Jitsi hosts an open source video conferencing server that developers can use to build WebRTC-based video products. server and Jitsi Meet conferencing and collaboration application. 8x8 Acquires Jitsi Video Communications Technology From Atlassian The Jitsi 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. intelligence on one technology platform, businesses can now communicate “We are excited that 8x8 will continue to support the extensive Jitsi daily usage as part of their meetings, messaging and collaboration Today 8×8 announced it has acquired the Jitsi team and our technology from Atlassian. 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. only those vendors with the highest ratings or other designation. 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. conferencing applications and WebRTC, will open new paths for our technology further extends 8x8’s cloud technology platform and adds to Alyssa Sachs, 1-669-245-4320alyssa.sachs@8x8.comorInvestor At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. Remotely control other participants desktop. After submitting your information, you will receive an email. it has acquired the Jitsi team and our technology from Atlassian. Jitsi is designed to run thousands of video streams from a single server, and it's fully open source with a community of developers … With Jitsi as a Service we now give you all the power of Jitsi running on our global platform so you can … 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. I can think of three possible reasons for it: 1. product ecosystems. Then the pandemic hit. products and companies use Jitsi to support millions of minutes of 5 | M&A and Investment Summary October 2018 Selected Transactions with Valuation Information Disclosed ($ in Millions) Target Subsegment Buyer/Investor Ent. this acquisition, 8x8 is committed to continuing to support the growing 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. Announced Date Oct 29, 2018; Get the most out of Crunchbase . JaaS: the Team that Builds Jitsi Can Now Also Run it for You!
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