Putting people at the heart of hybrid work: Zoom to acquire Workvivo to bolster the employee experience offering

The employee communication and engagement platform will give Zoom customers new ways to keep employees informed, engaged, and connected in today’s hybrid work model

Zoom and Workvivo

Zoom announces intent to acquire Workvivo

SAN JOSE, Calif., April 14, 2023 (GLOBE NEWSWIRE) — Behind work are workers. Real everyday people. People who work to live, not live to work. People who need a sense of belonging. It’s a simple concept that often gets forgotten as priorities and demands take over the workday.

With workforces looking much different than they did just a few years ago, leaders need to think differently to retain talent and maintain company culture. Today’s workforce is hybrid and distributed – with people working from home, in an office, at a remote location, on the frontlines of a retail floor or warehouse, as a pilot or flight attendant in an airplane, a nurse in a healthcare clinic, or anything in between. In fact, 70% of US employees are frontline workers. They are people who want to feel connected to their colleagues and leaders – no matter where they work. Engaging employees and driving culture through connection is no longer a ‘nice to have’ – it’s imperative for success in today’s business environment.

Zoom is excited to announce the acquisition of Workvivo to extend Zoom’s platform and offer its customers new ways to keep employees informed, engaged, and connected.

Founded in 2017, Workvivo provides a modern, feature-rich employee experience platform, combining advanced internal communication and engagement tools, a social intranet, and an employee app, all blended into one central hub, forming the heart of a company’s digital ecosystem. Workvivo’s best-in-class offering has seen triple-digit growth in the last three years and is used and trusted by hundreds of customers worldwide, from SMBs to some of the world’s most well-known brands, including Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts.

“We are excited to welcome the Workvivo team to Zoom. The power of Workvivo employee experience platform, with its robust communications and engagement offering combined with Zoom’s all-in-one collaboration platform, allows organizations to fully unlock the potential of their employees and evolve their company culture in a hybrid world,” said Kelly Steckelberg, chief financial officer at Zoom. “Workvivo has set the standard for employee communications, helping businesses reach and engage millions of employees worldwide. Workvivo prioritizes ease-of-use and simplicity of design, offering the best user experience which is a perfect match to Zoom’s DNA.”

“Zoom’s rapid pace of innovation and the persistent dedication to building products with a human-first mindset is why we are most excited about joining the team,” said John Goulding, CEO and co-founder at Workvivo. “Our platform replaces outdated, clunky, internal communications tools with a vibrant, familiar social experience, and has a proven history of unparalleled levels of adoption. With Zoom, we can build great things together, make teamwork more meaningful, and extend collaboration beyond knowledge workers, allowing us to reach employees who have historically felt disconnected from the company.”

Workvivo UI
Workvivo is an employee experience platform designed to inform, engage and connect employees everywhere.

Workvivo is an employee experience platform designed to inform, engage and connect employees everywhere.

With this acquisition, Zoom continues its evolution to provide the best end-to-end collaboration platform focused on enabling modern work and powering the digital-first workplace.

Following the close of the transaction, Zoom plans to incorporate Workvivo’s capabilities into its platform to deliver a best-in-class, employee experience. Workvivo’s founders John Goulding and Joe Lennon, and the entire Workvivo team, will be instrumental in driving employee experience innovation strategy.

The transaction is expected to close in Q1 FY2024. Terms of the transaction were not disclosed.

About Zoom
Zoom is an all-in-one intelligent collaboration platform that makes connecting easier, more immersive, and more dynamic for businesses and individuals. Zoom technology puts people at the center, enabling meaningful connections, facilitating modern collaboration, and driving human innovation through solutions like team chat, phone, meetings, omnichannel cloud contact center, smart recordings, whiteboard, and more, in one offering. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

About Workvivo
Workvivo is an employee experience platform designed to inform, engage and connect employees everywhere. Workvivo works with organizations globally across multiple industries, including Bupa, TELUS International and Everton FC. Read more at www.workvivo.com.

Forward-Looking Statements
This news release contains forward-looking information related to Zoom and Workvivo and the acquisition of Workvivo by Zoom that involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements in this communication include, among other things, statements regarding the potential benefits of the proposed transaction for Zoom, Workvivo and their respective customers, Zoom’s plans, objectives, expectations and intentions with respect to the proposed transaction, Zoom’s ability to offer the best end-to-end collaboration platform, the financial condition, results of operations and business of Zoom, and the anticipated closing of the proposed transaction. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements, including: risks related to the ability of Zoom to consummate the proposed transaction on a timely basis or at all, Zoom’s ability to successfully integrate Workvivo’s operations and personnel, Zoom’s ability to implement its plan, forecasts and other expectations with respect to Workvivo’s business after the completion of the transaction, the ability to realize the anticipated benefits of the proposed transaction, and continued uncertainty regarding the extent and duration of the impact of COVID-19 and the responses of government and private industry thereto, including the potential effect on Zoom’s user growth rate as the impact of the COVID-19 pandemic tapers. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements described under the caption “Risk Factors” and elsewhere are in Zoom’s most recent filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended January 31, 2023. Forward-looking statements speak only as of the date the statements are made and are based on information available to Zoom at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

Photos accompanying this announcement are available at

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Zoom Public Relations
Candace Dean
press@zoom.us

Solvvy Public Relations
Eleanor O’Mahony
eleanor.omahony@workvivo.com

GlobeNewswire Distribution ID 8808322

Second Ugandan minister arrested over iron sheet scandal

Uganda’s Deputy Finance Minister Amos Lugoloobi has been arrested in connection with the misappropriation of iron roofing sheets meant for vulnerable people in the north-eastern Karamoja region.

He is now the second Ugandan minister to have been detained over the corruption scandal.

It follows this week's court appearance by the minister for the region, Mary Goretti Kitutu. She pleaded not guilty.

It is reported that several other officials and politicians received consignments of some of the 14,500 iron roofing materials.

Mr Lugoloobi is reported to have received at least 600 iron sheets.

Local media reported in March that he had used some for an animal shed on his farm. They later printed photos indicating that the shed had had its roof removed after the story broke.

The government has been under pressure to arrest and charge more of the officials implicated in the scandal.

President Yoweri Museveni, under pressure from the public to take action, earlier this week ordered the ministers to return roofing sheets or pay back to government a cash equivalent.

Corruption scandals such as these are quite common in Uganda, and high-profile government officials have been previously charged, but convictions or sackings are quite rare.

Source: BBC

Air Seychelles to start flights to Colombo in June

Air Seychelles will offer twice weekly flights to Colombo, Sri Lanka, commencing in June, the airline said on Tuesday.

The inaugural flight will depart the main island of Mahe on June 20 at 10.05 p.m. and expect to arrive in Colombo four hours later. The flights will be served by Air Seychelles' Airbus A320neo aircraft.

The airline's chief commercial officer, Charles Johnson, said: "We're very excited about this opportunity to link Seychelles with Sri Lanka. A destination in its own right with excellent tourist, medical and trading opportunities which all Seychellois will benefit from."

He added that Air Seychelles' "upcoming partnership with Sri Lankan Airlines will allow travellers to purchase a single ticket for travel beyond Colombo to other destinations in Asia. This service will drastically reduce current travel times and at prices much lower than currently seen in the market."

The Colombo service will also offer over 20 connections through a future partnership with Sri Lankan Airlines. This will allow for a one stop connection to numerous destinations. These will include India, Bangladesh, Bangkok in Thailand, Kuala Lumpur in Malaysia, Singapore, and Tokyo in Japan, as well as the highly requested Australian cities of Melbourne and Sydney.

Sandy Benoiton, the airline's acting chief executive, said that "This new destination will reinforce our regional service and provide enhanced connectivity to the south-east Asia region and beyond. This is a high potential market and we look forward to seeing what lies ahead."

Air Seychelles currently operates flights to Tel Aviv, Johannesburg, Mumbai, and Mauritius with state-of-the-art Airbus A320neos.

Source: Seychelles News Agency

Oceanika calls for industrial fishing vessels to do more to remove FADs in Seychelles’ waters

A not-for-profit organisation, Oceanika, is calling on industrial fishing vessels to make more effort to remove fish aggregating devices (FADs) after fishing, after the NPO removed 24 fish FADs from Seychelles' waters.

Oceanika, which has offices in Geneva and Thailand and has recently established one in Seychelles, has set an aim of locating and removing FADs in the waters of the Indian Ocean islands.

The organisation recently spent over 20 days at sea to find and remove the devices mostly used by large tuna fishing vessels.

Olivier Manaut, the chairman of Oceanika Seychelles, told SNA that "having seen the issues with regards to the FADs, which are left at sea and end up drifting to the coast and damaging the sea floor and corals, we decided that we need to do something."

FADs are man-made, usually floating wooden structures with hanging nets to attract fish and these can either be free floating or anchored to the seabed.

When FADs are left at sea, they can also cause problems for marine life including turtles and sharks can become entangled in the floating nets attached.

The government of Seychelles, an archipelago in the western Indian Ocean, is very attentive to this issue because of the impact of FADs on the marine environment.

Seychelles is recognised by the international community for its work on environmental protection and has worked for a long time with partners to put in place sustainable solutions for tuna fishing and seek all means to minimise the impact of this fishery.

Manaut said that he has been in regular discussion with the Ministry of Fisheries and the fishing companies that have been receptive to these concerns.

One of the areas all parties have agreed on is to have tracking devices on the FADs to make it easier to locate and remove them.

"At the moment, we have to go at sea and look for the buoys attached to the devices, which makes it very difficult and we might miss a lot of them. If we know their exact location, we can then go directly to each one and remove it," he explained.

Other local organisations helping to remove FADs from Seychelles' waters are the Islands Conservation Society (ICS) and Islands Development Company (IDC).

Meanwhile, with 24 FADs removed on their latest outing, Manaut said Oceankia has been in contact with local companies who are looking at ways to recycle these devices.

A young Seychellois company called Brikole, is already very active in the recycling of nets, and is a partner of Oceanika for the reprocessing part of the FADs.

"WASTEA, another Seychellois company, is also our partner, helping us with its expertise and its advice, in addition to these processes to eliminate this waste or reprocess it," said Manaut.

Source: Seychelles News Agency

BNA warns of illegal exercise of “Investimento.ao” entity

The National Reserve Bank of Angola (BNA) warned on Friday, in Luanda, that the entity “Investimento.ao” is not allowed to carry out any financial activity in Angola, such as monetary application.

The BNA warns the commercial banks and the population in general to abstain from any business relationship with the aforementioned entity, because it is performing activities illegally.

“The entity Investimento.ao is not allowed to exercise any financial activity subject to supervision in Angola, namely, the provision of financial services, deposits and monetary applications”, said the note published by the BNA.

According to the BNA, such activities are exclusively reserved to authorized banking financial institutions, whose list can be found on the web page of the Central Bank, at www.bna.ao.

Thus, the Central Bank of Angola also warns the promoters of this entity to refrain from any act that may be qualified as a very serious offence, provided and punishable under current legislation.

The National Reserve Bank of Angola, within the scope of its duties as supervisor of the Angolan financial system, is responsible for authorizing and supervising the activity of financial institutions.

Source: Angola Press News Agency (APNA)

Columns of terrorists pulverized in the North of Burkina

Columns of terrorists pulverized in the North of Burkina

Several pairs of terrorists on motorcycles have been neutralized in northern Burkina, while ground troops continue to gain the upper hand over the enemy, AIB learned on Saturday.

The Combatant Forces are stepping up operations in the context of territorial reconquest and the return of peace.

On Saturday afternoon, FDS and VDP engaged in fierce fighting in the Ouahigouya area against armed terrorist groups.

Taken in a pincer movement, the attackers suffered numerous losses, while the operations continue.

Still in Yatenga, but further north, it was aerial vectors that sprayed armed men on a dozen motorcycles.

In Falangountou in the Sahel, air vectors spotted several pairs of terrorists on motorcycles who had just entered the locality.

They were neutralized in precise strikes, assure our sources.

Air-land operations are continuing in several other localities to enable Burkina Faso to recover its territorial integrity and restore peace.

The military authorities ask the lost who have joined the armed terrorist groups and who wish to save their lives, to lay down their arms.

To do this, they are invited to contact the National Call Center (CNA) by calling 199 and by WhatsApp at the numbers +226 71 20 33 33 and +226 68 24 44 44.

Source: Burkina Information Agency

Gnagna: Women forced to return to pestles and mortars

The formal ban on no longer serving fuel in cans has stopped several mills in Gnagna, forcing women to return more and more to millstone and mortar to grind their grains, the AIB has learned.

For nearly a week, the women of several villages in the province of Gnagna (East) have been unable to benefit from the services of the millers.

To transform cereal grains into flour, they must use millstones, pestles and mortars.

And due, the mills of the place do not work any more for lack of diesel.

This situation is the result of new measures taken by the authority for better control of hydrocarbons in the province of Gnagna.

Among these measures, we note the formal ban on serving fuel in cans.

Anything that makes it impossible to supply fuel for the operation of the mills. The machines being firmly fixed, the millers can only refuel with cans.

After having therefore exhausted their stocks, the millers are now out of business.

This has forced several women from these different localities to use pestles and mortars to grind cereals, in order to ensure the family meal.

From local sources, the situation is more than worrying in several localities of the province.

"The competent authority has been seized and measures are being taken for appropriate solutions", reassures Dayéri Guitanga, elected consular of the chamber of commerce.

As a reminder, faced with the allegations that weigh on the populations of the province of Gnagna, accusing them of facilitating the acquisition of fuel for terrorists, new measures to control the distribution of hydrocarbons have come into force.

Source: Burkina Information Agency

FOOTBALL: Dango Ouattara scores in the 95th minute and delivers Bournemouth

Dango Ouattara scored Bournemouth's third goal against Tottenham on Saturday in the 95th minute, allowing his club to score three precious points.

Entering the game in the 79th minute, Dango Ouattara will score the third goal against Tottenham, in added time, allowing Bournemouth to collect three precious points.

This precious victory places the Burkinabè international's club provisionally in 14th place, far from the relegation table.

It allows Bounemouth to win with the score of 3 to 2 on the lawn of Tottenham.

Bournemouth totals 33 points at the end of the 31st day of the English championship

Source: Burkina Information Agency

Burkina: the National Academy of Sciences transmits recommendations for the care of victims of terrorism

The President of the National Academy of Sciences, Arts and Letters of Burkina Faso (ANSAL-BF), Dr Paco Sérémé said on Friday that his structure transmitted to the Head of State , recommendations for the care of people living in areas with high security challenges.

"It is a request from the Head of State to help with a reflection for the care of people living in areas with strong security challenges", declared the president of the National Academy of Sciences, Arts and of Letters from Burkina Faso (ANSAL-BF), Dr Paco Sérémé.

For Dr Sérémé, the Academy has proposed sustainable solutions through recommendations made on the scientific basis and supported by eminent researchers.

Paco Sérémé, also research director, spoke on Friday at the opening of the ordinary session of the general assembly of the Academy with the aim of taking stock of its Strategic Development Plan (PSD) for 2022.

Dr Paco Sérémé said that the 2022 activity report focused on the reflection on the food and nutritional security of populations living in areas with high security challenges.

According to him, this initiative was a major achievement of last year contributing to the institutional strengthening of the Academy.

The president of the Academy declined his ambition to see during the three years of his mandate, an academy with more maturity, visibility, recognition and influence on the national, regional and international chessboard.

As a reminder, the office of ANSAL-BF, renewed on February 17, 2022, will eventually include 75 members thanks to the gradual admissions of new members, including associate members and other corresponding members.

The strategic axis of the PSD 2022-2026, according to Dr Paco Sérémé, will allow, among other things, the institutional development and the strengthening of the governance of ANSAL-BF, the promotion and enhancement of research, technological innovation, scientific culture, arts and literature and the promotion of the quality of science, arts, literature and culture education.

Source: Burkina Information Agency