Zoom acquires secure file-sharing and messaging platform Keybase

By Akshay Kedari  Date: 2020-05-08

Zoom acquires secure file-sharing and messaging platform Keybase

Zoom Video Communications, a renowned video conferencing platform, and Keybase, a cryptography platform offering end-to-end communications for companies and people, together announced Zoom’s acquisition of Keybase, a secure file-sharing and messaging service.

The procurement of this unique and exceptional team of encryption and security engineers would expedite Zoom’s plans to create end-to-end encryption that can reach its present scalability. 

Zoom CEO, Eric S. Yuan stated that there are communication platforms with security that is easily deployable, there are communication platforms that are end-to-end encrypted, and there are also communication platforms that are enterprise-scale. However, the company believes that no existing platform provides all of these in a single package. This is exactly what the firm aims to build, providing customers security, scale, and ease of use, all at once.

Yuan further added that the first step towards achieving this goal is assembling the right team. Through the Keybase acquisition, the company has obtained deep security and encryption expertise, and is thrilled to welcome Keybase Co-founder Max and the Keybase team onboard. Adding a talented group of the security engineers from Keybase significantly enhances the company’s 90-day plan to advance its security efforts.

Max Krohn, Co-founder, and developer at Keybase.io, stated that the company thrilled to integrate with the Zoom team to work on this solution. Krohn further added that the Keybase team is extremely passionate when it comes to privacy and security, and it is an honor to be bringing its encryption expertise to a video conferencing platform utilized by hundreds of millions of people every day.

As members of the security engineering function of Zoom, the Keybase team would make crucial contributions to the 90-day plan of Zoom to proactively address, identify, and improve the privacy and security capabilities of its platform.

Max Krohn would be leading the Zoom security engineering team, directly reporting to Yuan. Leaders from Keybase and Zoom would work alongside each other to decide the Keybase product’s future. Financial terms regarding the acquisition transaction have not been disclosed yet.

 

Source credit: https://investors.zoom.us/news-releases/news-release-details/zoom-acquires-keybase-and-announces-goal-developing-most-broadly

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Williams Racing and Acronis extend their cyber protection partnership
Williams Racing and Acronis extend their cyber protection partnership
By Akshay Kedari

Williams Racing, a British Formula One motor racing team, has announced to have renewed its technology partnership with a Switzerland-based leading cyber protection and software company Acronis International GmbH. As a part of the Official Cyber Pro...

Tesla planning to set up EV manufacturing facility in Karnataka, India
Tesla planning to set up EV manufacturing facility in Karnataka, India
By Akshay Kedari

American electric car company Tesla Inc. has reportedly signed an agreement to manufacture its electric vehicles in Karnataka, India after announcing an entry into the South Asian country in 2021. The company had established its Indian subsidiary cal...

Pandemic forces Heineken to recoup profits by cutting 8000 jobs
Pandemic forces Heineken to recoup profits by cutting 8000 jobs
By Akshay Kedari

The Dutch brewing company, Heineken N.V., has recently revealed its plans to cut around 8000 jobs in an attempt to restore its operating margins after it witnessed a sharp decline in its profit trajectory amid the COVID-19 pandemic. Moreover, it will...

Indian software vendors accelerate shift to Oracle’s Cloud platform
Indian software vendors accelerate shift to Oracle’s Cloud platform
By Akshay Kedari

American multinational computer technology company Oracle Corp. reportedly stated that several independent software vendors (ISVs) from India including Medexpeert, GOFRUGAL, Information Dynamics, and Ameyo among others are shifting their business-cri...

Datomize raises USD 6 million through TPY Capital-led funding round
Datomize raises USD 6 million through TPY Capital-led funding round
By Akshay Kedari

Computer software startup Datomize, has reportedly raised USD 6 million in a seed funding round led by TPY Capital for expanding the capabilities of its synthetic data solution which shortens time to market for new products and machine learning/artif...