Zoom has acquired Keybase, a secure messaging and file-sharing service.
According to Zoom, the acquisition will accelerate Zoom’s plan to build end-to-end encryption and scale their user base. The Keybase team will provide important contributions to Zoom’s 90-day plan to proactively identify, address, and enhance the security and privacy capabilities of its platform.
Keybase co-founder and developer Max Krohn will lead the Zoom security engineering team, reporting directly to Yuan. Leaders from Zoom and Keybase will work together to determine the future of the Keybase product.
The terms of the transaction were not disclosed.