• Zoom Video Communications Inc recently acquired certain assets from Liminal. The financial terms of the transaction remain undisclosed.
• Liminal is a startup company that offers event production solutions built primarily on Zoom’s SDK.
• Two of Liminal’s co-founders, Andy Carluccio and Jonathan Kokotajlo, will join Zoom.
• Liminal’s solutions, including their ZoomOSC and ZoomISO apps, will help bridge Zoom with traditional and emerging event control applications and hardware to help theaters, broadcast studios, and other creative organizations.
• Liminal’s software can connect multiple HD video feeds from Zoom to production-grade hardware and applications.
• Zoom looks to continue to be the leading comprehensive, one-stop, hybrid events management platform in the market.
• Zoom aims to cover the entire value chain from creative production, broadcasting, editing, and fully customizable live event experiences with robust pre-event planning, in-event management, and post-event analytics.
• Zoom held $5.4 billion in cash and equivalents as of October 31.
• Price Action:ZM shares traded lower by 0.93% at $185.70 in the premarket session on the last check Tuesday.