Skip to main content

Verizon officially closes BlueJeans deal

Written by Customer Service on . Posted in Mergers And Acquisitions.

What you need to know:
Verizon acquired BlueJeans Network, Inc. on May 15NEW YORK, May 18, 2020 (GLOBE NEWSWIRE) — Verizon welcomes 390 new employees today after officially closing the deal with BlueJeans Network, Inc. on May 15.  Keeping businesses connected has always been a priority for Verizon. Adding BlueJeans to Verizon’s Advanced Communications portfolio is critical now more than ever to keep businesses, from small organizations to some of the world’s largest multinational brands, operating at the highest level.BlueJeans products complement Verizon’s mobile-first business solutions, like One Talk, and will be deeply integrated into Verizon’s current and future 5G product roadmap.Regularly cited as a market-leading video conferencing and collaboration tool, BlueJeans enables cloud-based meetings and large, interactive events that are simple, scalable and secure.“Supporting businesses of all sizes with best-in-class solutions is in Verizon’s DNA,” said Tami Erwin, CEO, Verizon Business. “BlueJeans is a phenomenal product that offers the security and scalability that are imperative to our customers, and we’re eager to amplify their reach across our global network.”“As we have all learned during this pandemic, video conferencing is a powerful medium for connecting people so they can collaborate and work productively,” said Quentin Gallivan, CEO of BlueJeans Network. “Combining BlueJeans with Verizon’s innovations in 4G, 5G and Mobile Edge Computing opens up possibilities to serve customers in new and exciting ways.”BlueJeans’ founders and employees join Verizon today as Verizon employees and will work together to lead the continued growth and innovation of the business.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019.  The company offers voice, data and video services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.Media Contacts:Lauren Schulz
845.500.8272
lauren.schulz@verizon.comErin Cheever
echeever@bluejeans.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.