Zoom Makes First Acquisition to Boost Security
Zoom Video Communications (NASDAQ: ZM), the video conferencing app made popular during the COVID-19 pandemic, has made its first acquisition since its IPO as it aims to beef up security.
Tuesday morning, Zoom announced that had purchased Keybase, a secure messaging and file-sharing service, for an undisclosed sum. The acquisition is expected to help Zoom accelerate its plan to incorporate end-to-end encryption on the Zoom video platform.
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Source Fool.com
