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Cisco to acquire Slido

Tech giant Cisco has announced its intent to acquire one of Slovakia’s top technology companies Slido, a provider of audience interaction technology for meetings. Slido experienced a rise of interest in its technology in 2020 as a consequence of the changes to working caused by the Covid-19 pandemic.

Slido's platform has registered over seven million participants monthly. The financial terms of the deal were not disclosed. According to Cisco, Slido technology will enhance audience engagement across both in-person and virtual experiences. Following the deal, Slido will be integrated into the Cisco Webex platform. “We believe that the way we work has changed forever. In the years to come, much of our work will happen on video calls and virtual meetings. We realized that if we want to impact millions of lives for the better and truly transform how meetings and events are run around the World, we will need a strong partner,” commented Slido CEO Peter Komornik in a blog post. "Slido technology enables higher levels of user engagement ― before, during and after meetings and events. The Slido technology will be part of the Cisco Webex platform and enhance Cisco’s ability to offer new levels of inclusive audience engagement across both in-person and virtual experiences," said Cisco in a press release. 

CISCO Systems Slovakia, spol. s r.o.