Wooclap acquires UK audience-engagement firm Vevox
What's the deal? Wooclap, an active-learning platform for live classes and corporate training, has acquired VevoxDealroom has a profile for this one. Try Dealroom →, a British audience-participation firm. The deal value was undisclosed, both companies said in a statement.
What changes for customers? For now, the two will keep running as separate platforms, and customers can continue using each product and service. The long-term aim is to integrate "the best of both in a unified experience."
What's the endgame? The combined group will give access to more than 1,000 higher education institutions and corporate training teams worldwide. Its client base includes Duke UniversityDealroom has a profile for this one. Try Dealroom →, Grupo ProeducaDealroom has a profile for this one. Try Dealroom →, DiorDealroom has a profile for this one. Try Dealroom →, and BP.
Why now? The acquisition comes a year after Impact ExpansionDealroom has a profile for this one. Try Dealroom → invested in Wooclap to accelerate its international expansion.
The signal: The deal points to consolidation in the education and workplace engagement software market, as platforms build broader tools to reach both classrooms and corporate training teams.
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