“Eric [Yuan, Zoom founder and CEO] asked me to continue what we've been doing and they're keeping us as a separate business unit,” he said. Local Irish VC firm Frontline is a previous investor, as was Zoom founder Eric Yuan and Enterprise Ireland. Mr Goulding said that he and Mr Lennon had not considered being acquired before Mr Yuan approached the company with an “opportunistic” offer. The accounts show that prior to the Zoom acquisition, Mr Goulding owned 46pc of Workvivo, with Mr Lennon owning 19pc. During 2022, both Mr Goulding and Mr Lennon sold approximately 5pc of their shares.

Source: Irish Independent October 13, 2023 17:05 UTC