RingCentral Expands Video Offerings With Acquisition Of Events And Session Product Lines From Hopin; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
RingCentral has expanded its video offerings by acquiring the events and session product lines from Hopin. The terms of the deal were not disclosed.
August 04, 2023 | 11:06 am
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POSITIVE IMPACT
RingCentral's acquisition of Hopin's product lines could enhance its video offerings, potentially attracting more customers and boosting revenues.
The acquisition of Hopin's product lines could enhance RingCentral's video offerings, potentially attracting more customers. This could lead to increased revenues and a positive impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100