“We are thrilled to welcome the TalkPoint team to the growing PGi family,” said Boland Jones, PGi founder, chairman and CEO. “TalkPoint’s award-winning technology strengthens PGi’s suite of collaboration software and services and furthers our mission to help businesses improve productivity, accelerate innovation and increase revenue growth. The acquisition positions PGi as a clear leader in the high-growth, $500-plus million webcasting market.”
“With the acquisition of TalkPoint, PGi is doubling down on its strategy to deliver an array of high-quality business communications solutions that make it possible for users to engage at their desks, on their mobile devices or in conference rooms,” said Steve Vonder Haar, senior analyst at Wainhouse Research. “TalkPoint’s impressive growth and strong go-to-market strategy have made it a success in the web event services market, and this deal helps PGi expand on its established position as a leading provider of one-to-many Webcasting services.”
Based in New York City, TalkPoint has operations in North America and the United Kingdom and a current projected annual revenue run rate of approximately $18 million. Its cloud-based Convey platform provides self-service and fully managed audio and video Webcasting for events with up to 10,000 attendees. TalkPoint’s technology works with a user’s existing telephone, Webcam, video conferencing room or video encoder, with no special hardware needed. TalkPoint Webcasts work through a standard Internet browser on any desktop, tablet or mobile device with no downloads required.
“We have long admired PGi’s customer-first mentality and commitment to innovation,” said Nick Balletta, CEO of TalkPoint. “As business continues to become more and more global, TalkPoint customers and partners need webcasting solutions that enable them to communicate and collaborate effectively anywhere in the world. With PGi’s global delivery, customer care and sales distribution, TalkPoint’s growth opportunities increase exponentially.”