8x8 Acquires Jitsi Video Communications Technology From Atlassian

Acquisition of open-source video communications technology and engineering team reinforces 8x8’s technology stack and unique ability to deliver best-in-class meetings experience

SAN JOSE, Calif.--()--8x8, Inc. (NYSE:EGHT), a leading cloud provider of voice, video, collaboration and contact center solutions for over one million users worldwide, today announced that it has acquired the Jitsi open source video communications technology and its highly skilled team of open source video technology experts. The Jitsi technology further extends 8x8’s cloud technology platform and adds to the company’s video collaboration capabilities. 8x8 acquired Jitsi’s technology and engineering team from leading enterprise software company Atlassian.

“The best video communications solutions are so intuitive and reliable that they help employees conduct shorter, more productive meetings. 8x8 has already developed a world-class meetings solution for enterprises, and we’re focused on maintaining leadership in delivering reliable, crystal-clear video and audio conferencing quality across mobile and desktop applications,” said Dejan Deklich, Chief Product Officer at 8x8. “Incorporating Jitsi’s open-source technology into our video communications technology platform, and having Jitsi’s talented engineering team play a role in leading our development of dedicated conferencing applications and WebRTC, will open new paths for our customers and further enhance our meetings solution.”

8x8 is acquiring Jitsi’s set of modular open-source projects that allow businesses to easily build and deploy secure video communication solutions. At the heart of Jitsi is the Jitsi Videobridge conferencing server and Jitsi Meet conferencing and collaboration application. Jitsi is designed to run thousands of video streams from a single server, and it's fully open source with a community of developers supporting the project as well as 100 percent standards compliant using technologies like WebRTC. Jitsi’s video communications technology will remain open source, ensuring that Jitsi stays in the forefront of Video Conferencing industry developments, including new application use cases.

“Some of the most innovative WebRTC products and companies use Jitsi to support millions of minutes of daily usage as part of their meetings, messaging and collaboration product ecosystems. The open source community has played a critical role in advancing Jitsi’s projects by validating its use in a diverse set of environments and complementing the core team’s development. As part of this acquisition, 8x8 is committed to continuing to support the growing developer community, and we are excited to engage even more,” commented Bryan Martin, Chairman and Chief Technology Officer at 8x8.

Jitsi’s video communication solutions are intended to be integrated into 8x8 Meetings, which already enables thousands of businesses worldwide to collaborate from anywhere on any device with integrated video and audio conferencing. 8x8 Meetings is a key element of 8x8 X Series, which helps businesses transform their customer and employee experience with one system of engagement across voice, video, collaboration and contact center, and one system of intelligence on a single cloud platform. With 8x8 X Series, businesses communicate faster and smarter to exceed customer expectations.

“We are excited that 8x8 will continue to support the extensive Jitsi community and help to accelerate our development,” said Emil Ivov, Jitsi Founder and Project Lead. “I have no doubt that Jitsi’s advanced capabilities combined with 8x8’s comprehensive X Series platform will create a dominant video communications solution that is intuitive and game-changing for enterprises.”

The financial terms of the acquisition are not disclosed.

8x8 was recently named a Leader in the 2018 Gartner “Magic Quadrant Report for Unified Communications as a Service, Worldwide.”¹ This marks the seventh consecutive year that 8x8 has been recognized as a Leader. To download a copy of the report, visit https://www.8x8.com/resources/white-papers/gartner-magic-quadrant

[1] Gartner "Magic Quadrant for Unified Communications as a Service, Worldwide" by Daniel O'Connell, Megan Fernandez, Rafael Benitez, Bjarne Munch, Christopher Trueman, Mihai Nguyen, October 10, 2018.

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About 8x8, Inc.

8x8, Inc. (NYSE:EGHT) cloud solutions help businesses transform their customer and employee experience. With one system of engagement for voice, video, collaboration and contact center and one system of intelligence on one technology platform, businesses can now communicate faster and smarter to exceed the speed of customer expectations. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter, and Facebook.

8x8® and 8x8 X Series™ are trademarks of 8x8, Inc.

Contacts

8x8, Inc.
Media:
Alyssa Sachs, 1-669-245-4320
alyssa.sachs@8x8.com
or
Investor Relations:
Victoria Hyde-Dunn, 1-669-333-5200
victoria.hyde-dunn@8x8.com

Release Summary

8x8 Acquires Jitsi Video Communications Technology From Atlassian

Contacts

8x8, Inc.
Media:
Alyssa Sachs, 1-669-245-4320
alyssa.sachs@8x8.com
or
Investor Relations:
Victoria Hyde-Dunn, 1-669-333-5200
victoria.hyde-dunn@8x8.com