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Beskrivning

LandNorge
ListaOB Match
SektorTelekom & Media
IndustriTelekommunikation och -tjänster
Pexip Holding är verksamma inom teknikbranschen. Bolaget är specialiserade inom utveckling av digitala plattformar för videokommunikation. Programvaran är egenutvecklad och används huvudsakligen för intern uppföljning och kommunikation. Kunderna består av företagskunder verksamma i ett flertal sektorer runtom den globala marknaden. Utöver huvudverksamheten erbjuds även diverse mervärdestjänster och teknisk support. Störst verksamhet återfinns inom den europeiska marknaden.
2020-07-06 08:00:09
Video communications company, Pexip, and video service provider, Videonor, have
agreed that Pexip will take over the ownership and management of Videonor's
portfolio of enterprise customers. The agreement will ensure that the customers
in question have access to a broader range of video conferencing services suited
to enterprise needs. As the majority of these customers are in Norway, the
agreement will provide additional revenue growth for Pexip, as well as an even
greater market share in Norway.
The agreement is expected to give Pexip an increase in Annual Recurring Revenue
(ARR) of between 2 and 3 million USD after completion of the migration. This
comes in addition to the ARR for Q2 reported on 2nd July  2020.
"Norway is an important market for Pexip because of the extensive and
sophisticated use of video conferencing. We are excited about the opportunity
this agreement gives us to broaden our customer base and gain even more Pexip
ambassadors in Norway," says Odd Sverre Østlie, CEO of Pexip.
"We have had a partnership with Pexip over several years and we believe that
this agreement will benefit both companies, and our customers. With Pexip's
unique technology platform, our enterprise customers will now have access to a
more complete solution that will closer meet their business needs," said Øyvind
Reed, CEO of Videonor.
Telenor is both an owner of Videonor and a channel partner of both Pexip and
Videonor.
"We look forward to developing an even closer relationship with Pexip in the
years to come, allowing us to deliver leading-edge video solutions to our
customers," said Ove Fredheim, SVP Head of Enterprise Division of Telenor Norge
AS
The agreement will come into effect from 6th July 2020 and the migration of
customers is expected to take 6 - 12 months. Videonor's compensation will be
based on the amount of income and customer loyalty transferred to Pexip over the
next two years. No further details of the agreement will be provided due to
commercial sensitivity.

For more information, contact Odd Sverre Østlie, CEO of Pexip, mobile: +47 415
21 580.

Pexip simplifies complex video conferencing to empower teams to meet, regardless
of location or technology. Our scalable, cloud-native platform enables high
-quality video meetings, interoperability with Microsoft and Google solutions,
and video system device registration. Customers can deploy Pexip on their own
privately hosted servers, in their own cloud subscription of choice (Azure,
Google Cloud or AWS), as a hybrid, or as a service. With a diverse set of APIs,
Pexip can be customized to fit customers' unique needs. The solution is sold
through 300 channel partners in 75 countries and used in more than 190
countries.