Kumospace, a provider of virtual office software for teams, recently acquired Kosy, a collaboration and communication software company. The acquisition will allow Kumospace to expand within the virtual collaboration market. Financial terms of the deal were not disclosed.
Kumospace is designed specifically for virtual collaboration, with features that combat Zoom fatigue as well as AI-powered productivity tools to help teams of all sizes harness conversational data. Kosy offers a variety of features, such as chat and channels, video conferencing and 1-click app integrations, that aim to make it easy for teams to collaborate effectively.
Following the merger, Kosy’s co-founder and CEO Yanis Mellata will remain on board to manage Kosy user migration. Together, the companies hope to create a more collaborative and productive world through their innovative technology.
