Hopin, the struggling virtual conference unicorn, sells events and engagement units to RingCentral

Hopin, the virtual events startup that saw its star (and valuation) rise quickly during the Covid-19 pandemic, is most definitely coming down to earth. Today the company announced that it has sold its Events and Session business units to RingCentral for an undisclosed sum. Events is Hopin’s event management platform for planning and producing virtual and hybrid events — arguably the core of the whole business — while Session is its toolset for managing interactive engagement during events.
The companies said that the acquisition will include tech assets, customer relationship

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