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(Oslo, Norway, October 7, 2021) In this trading update, Pexip Holding ASA (“Pexip” or “The Company” Oslo Børs Ticker: PEXIP) presents its Annual Recurring Revenue (ARR) for the third quarter (Q3) of 2021. In Q3 2021, Pexip increased its ARR with 37% year-on-year to USD 99.8 million. ....
Logitech Rally Bar and Rally Bar Mini gain support for new collaboration platforms Satsuki Then - Jun 2, 2021, 6:48am CDT Logitech has announced the release of its latest operating system called CollabOS 1.2. With the upgraded operating system, Logitech devices, including the Rally Bar and Rally Bar Mini, now support communication and collaboration platforms, including GoTo, Pexip, and RingCentral. The all-in-one Logitech videoconferencing appliance was announced in January. Logitech says they are aimed directly at hybrid work environments and have allowed companies to transform meeting rooms of any size using flexible and easily deployed videoconferencing equipment. With the upgraded software, Rally Bar and Rally Bar Mini, all-in-one devices are able to run native GoTo, Pexip, and RingCentral applications in appliance mode. ....
Pexip delivers strong growth and early market traction on new technology innovation Oslo, Norway, May 6, 2021 - The video communications provider, Pexip, today presented its quarterly results for the first quarter of 2021. Pexip AS Q1 2021 Pexip s subscription base measured in Annual Recurring Revenue (ARR) reached USD 87.2 million in Q1 2021, up from USD 56.7 million in Q1 2020, representing an increase of 54%. The growth was driven by several key customer wins including: New South Wales Health in Australia (USD 2.4 million over three years), to help power virtual healthcare visits; the UK Foreign, Commonwealth & Development Office (more than USD 1 million over three years), to enable connectivity between their video conferencing equipment and Microsoft Teams; and Honeywell, the American Fortune 500 conglomerate (undisclosed contract value), to provide the company’s video rooms with features such as Microsoft Teams interoperability and One Touch Join functional ....