M&A Deal Summary

Zoom Acquires Workvivo

On April 14, 2023, Zoom acquired internet software and services company Workvivo

Acquisition Highlights
  • This is Zoom’s 2nd transaction in the Internet Software and Services sector.
  • This is Zoom’s 1st transaction in Ireland.

M&A Deal Summary

Date 2023-04-14
Target Workvivo
Sector Internet Software and Services
Buyer(s) Zoom
Deal Type Add-on Acquisition

Target

Workvivo

Cork, Ireland
Workvivo is an employee communication platform designed to build natural, meaningful bonds between teams while helping companies reach and engage their employees in ways that traditional tools simply can’t. Workvivo was formed in 2017 and is based in Cork, Ireland.

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Buyer(S) 1

Buyer

Zoom

San Jose, California, United States

Category Company
Founded 2011
Sector Internet Software and Services
Employees7,412
Revenue 4.7B USD (2025)
DESCRIPTION

Zoom provides one platform that delivers limitless human connection. Zoom Workplace's AI-powered, open collaboration platform, built for modern work, streamlines communications, improves productivity, increases employee engagement, optimizes in-person time, and offers customer choice with third-party apps and integrations. Zoom Workplace, powered by Zoom AI Companion, includes collaboration solutions like meetings, team chat, phone, scheduler, whiteboard, spaces, Workvivo, and more. Zoom was founded in 2011 and is based in San Jose, California.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Ireland M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Solvvy

San Mateo, California, United States

Solvvy is a Conversational AI platform for customer support. Solvvy enables fast, personalized resolutions for customers, improves agent productivity and uncovers valuable insights that empower support leaders and their teams. Solvvy was founded in 2013 and is headquartered in San Mateo, California.

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