- January 15, 2018
- Posted by: Lantre Barr
- Category: News
2017 WebRTC Industry Mergers & Acquisitions in Review
2017 was undoubtedly a game-changing year for the Web Real-Time Communications (WebRTC) industry as the WebRTC 1.0 specification enters into the final stages. Apple finally joined the party by adding WebRTC to their latest High Sierra release after what seemed like a decade of waiting. Usage has increased tenfold with companies such as Facebook seeing audio and video calls double in their Messenger app to over 17 billion from 2016 to 2017. Alone, Google Chrome browsers are streaming over 1.5 billion minutes of audio and video each week.
It is clear, WebRTC is now the dominant real-time communications protocol for companies looking to integrate live audio and video capabilities into their products and services. As such, many companies are now scrambling and looking for a way to adopt the technology quickly, leading to lots of mergers and acquisitions in the market.
In 2017, we saw 15+ acquisitions adding to the 30+ mergers and acquisitions we saw in 2015 and 2016. I believe this trend will continue as we head into 2018 and beyond. I am excited to see the growth the industry has been able to accomplish in such a short time.
If you have been waiting to integrate real-time communications into your product, now is the time! Contact us today for a free consultation.
InterviewStream was acquired by RIVS
LiveNinja acquired by Net2Phone
ReadyTalk acquired by PGi (Premiere Global Services)
Pristine acquired by Upskill (formerly APX Labs)
GENBAND acquired by Sonus Networks
ShoreTel acquired by Mitel Networks Corporation
GreenJobInterview acquired by Montage
AnyMeeting acquired by Intermedia
Read the full press release
Apidaze acquired by VoIP Innovations
AltspaceVR acquired by Microsoft
BroadSoft acquired by Cisco
Soundtrap AB acquired by Spotify
Musical.ly acquired by Toutiao
ClearSlide acquired by Corel
Appear.in acquired by Videonor
About Blacc Spot Media, Inc.
Blacc Spot Media is an Inc 5000 fastest growing company in America focused on Web Real-Time Communications (WebRTC) development across web, mobile, native desktop and telephony implementations. Our team works on strategic projects developing custom applications, enterprise platforms and mobile applications for a wide array of clients. If you are interested developing your own WebRTC product or service, let us know how we can help you.