Yorktelโข and Kinly Announce Completion of Merger, โขForming Global Workplace Experienceโ Provider
NEW โขYORK – November 13, 2024 – Yorktel โขand Kinly โฃtoday announced the prosperous completion of their merger, establishing a new global leader focused on delivering comprehensive workplace experiences.The combined company will operate under the Kinly brand,offering an โexpanded portfolio of unified โcommunications,video conferencing,and โcollaboration โsolutions.
The mergerโ unites Yorktel’s strong โpresence in the North American โmarket with Kinly’s established footprint across Europe, the Middle โขEast, and Asia-Pacific. This strategic combination aims toโ address theโ evolving needs of โorganizations seeking to enhance employee engagement, productivity, and collaboration in hybridโ and remote work environments. The newly formed Kinly will serve aโฃ diverse range of industries, includingโข financial services, healthcare, education, and government.
“This โฃis a pivotal moment for both organizations and the industry as a whole,”โข said Tom McLaren, CEO of Kinly. โ”Byโฃ bringing together Yorktel’s expertise โand Kinly’s global reach,we are uniquely positioned to help our customers navigate the complexities ofโฃ the modern workplace and create truly remarkableโฃ experiences for their employees and customers.”
The merger โwas initially announced on September 18, 2024, and has received all necessaryโ regulatory approvals.Financial terms of the transaction were not disclosed.The combined โฃcompany will be headquartered in New York City โandโ will maintain a significant presenceโ in key locations around the world.
Kinly’s offerings include video โฃconferencing โคsystems, meeting room technology, live event production, and managed services. The โฃcompany’s solutions are designed to support โขaโ wide range of interaction and collaboration needs, from small huddle rooms to large-scale enterprise deployments.
