ZOOM - Cisco To Acquire Voicea For Videoconferencing Tech
Quick Take
Cisco Systems (CSCO) announced it has intent to acquire Voicea for an undisclosed amount.
Voicea has developed EVA, an Enterprise Voice Assistant that records important highlights and provides other artificially intelligent capabilities for online meetings.
CSCO is acquiring Voicea to integrate its AI and machine learning technologies as part of its Cognitive Collaboration initiatives across the enterprise.
Target Company
Menlo Park, California-based Voicea was founded in 2016 to develop EVA, a voice assistant that is capable of joining meetings, taking notes, identifies action items, and delivering insight to the right teams