Cisco buys collaboration technology developer Assemblage to advance in the mobility and cloud industries
The Copenhagen startup developed collaboration tools that do not require users to download any apps or plugins to work together online
Cisco has acquired Copenhagen startup Assemblage in order to help it get into the collaboration technology market that allows users to work together on presentations and documents from different devices.
Cisco’s senior vice president and head of business development Hilton Romanski on June 27 announced the deal on Cisco’s blog, saying Assemblage brings a strong engineering team that will join Cisco’s Collaboration Technology Group and enable Cisco to accelerate its innovation in the field. Terms of the deal were not disclosed.
“We are excited to welcome Assemblage to our collaboration team,” Romanski said. “Together, Cisco and Assemblage will provide simple, easy-to-use solutions that help employees work smarter together from virtually anywhere.”
Real time collaboration
A graduate of the enterprise-focused Alchemist Accelerator in Silicon Valley, Assemblage has built real time collaboration tools that use browser technologies so users do not need to download any apps or plugins to collaborate. It has three different products including Kollaborate.io, a tool for online meetings that includes a drag and drop whiteboard, HD video and voice capabilities; Presentation.io, which allows users to broadcast interactive presentations through a short url; and Same.io, so users can share their screen with others, highlight and present HD video and voice. Assemblage’s technology integrates well with popular third party cloud services like Box and Google, and supports 40 different file types to allow for efficient collaboration.
Cathrine Andersen and Christian Rasmussen founded the company and originally it was called CanvasDropr. The company rebranded in May 2013 when it revamped its product to focus more on the enterprise market and today it has offices in San Francisco and Copenhagen.
Romanski said the acquisition will help Cisco capture the ongoing market transitions of mobility, cloud and the Internet of Everything, as Assemblage has built a good infrastructure for collaboration through a browser on any device including computers, smartphones and tablets.
Collaboration tools have been in the spotlight a lot recently. Last month another Israeli collaboration company Clarizen received a $35 million investment. On the other hand, another company in the field, Gigantt, shut down in early June.