Video Conferencing: Why did Kyte sell to Digital Kit?
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I think we understood the basics pretty well at this
morning's launch. As an agreement broker for this transaction, I can tell you
that we are very excited about the combination of our reach and what Kyte's
team has built.
From the digital KIT press release:
Kyte is renowned for having the most advanced mobile
publishing technology on the market and has an aggressive and talented
management team," Said Isaza Tuzman. "We plan to leverage Kyte's
patented platform and application frameworks to serve and expand KIT's global
customer base. The acquisition also adds a strong presence on the west coast of
the U.S., which we will use as an R&D and commercial development
center.
Kyte also brings key additions to the digital KIT management
team, including Erik Abair, Chief Technology Officer and Co-Founder of Kyte,
and Gannon Hall, Kyte's Chief Operating Officer. Abair will join KIT's product
development team as senior director of software development to help innovate
and drive kit's next generation of products, while Hall will become KIT's
executive vice president of global marketing, overseeing the company's outbound
marketing, communications, and demand generation. Efforts. Abair will remain in
San Francisco, while Hall will move to KIT's Prague headquarters.
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