Acquisition News in the Pro AV Sector: Korbyt Buys NFS Technology
In a significant move to revolutionize the workplace, Korbyt, a leading provider of digital signage and workplace communications software solutions, has announced the acquisition of NFS Technology. This strategic move aims to bring unparalleled value to the market by merging powerful content management and communication capabilities with advanced space and service management tools.
Ankur Ahlowalia, CEO of Korbyt, stated, "The enhancement of our Korbyt Anywhere platform with the NFS Rendezvous product suite will bring unparalleled value to the market. The addition of NFS Technology's advanced room booking and space management solutions complements our platform, offering a comprehensive solution to enhance workplace experience."
The combined Korbyt and NFS Technology platform will offer capabilities such as targeted content delivery, space booking, occupancy tracking, visitor management, real-time service requests, and more. This integrated solution is designed to optimize space utilization, enhance workplace communication, improve visitor and employee experience, support real-time operational adjustments, and enable multi-channel access.
Korbyt Anywhere is a cloud-based workplace experience platform that enables organizations to reach targeted audiences and deliver relevant content, data, and information through multiple channels. The platform engages employees by providing easy access to systems and resources that improve communication and operational efficiency.
NFS Technology, on the other hand, typically includes applications that support critical workplace functions like space booking, occupancy monitoring, visitor management, employee scheduling, and handling real-time service requests. These features enable smoother management and utilization of office spaces, promote efficient scheduling, and enhance the overall employee and visitor experience.
The acquisition is an exciting milestone in Korbyt's growth path. Chris Ryan, managing partner at Clearhaven Partners, supports the acquisition of NFS Technology by Korbyt, stating, "This acquisition will further strengthen Korbyt's leadership in the workplace experience market."
The Korbyt Anywhere platform reaches a global audience, with a strong presence in the United States, Europe, and Australia. With this acquisition, Korbyt expands its reach in key geographies and market segments. NFS Technology serves more than 275 clients worldwide, including leading legal, financial, educational, and healthcare businesses.
Luis De Souza, Founder and CEO of NFS Technology, expressed his excitement about the acquisition, stating, "We are thrilled to join forces with Korbyt. This acquisition will allow us to deliver the industry's most robust and comprehensive workplace experience solution."
The newly combined entity's reach encompasses vertical markets that represent significant growth opportunities for Korbyt. The acquisition further strengthens Korbyt's mission to deliver a modern workplace experience platform, aligning with the mission of the NFS team.
Successful organizations prioritize people-centric workplaces where employees can perform at their best. By integrating NFS Technology's advanced space and resource management solutions with Korbyt's digital signage and workplace communications software solutions, the combined platform will create a seamless system that optimizes space utilization, enhances workplace communication, improves visitor and employee experience, supports real-time operational adjustments, and enables multi-channel access.
This integrated solution leverages cloud-based technologies, AI, and real-time data to create contextual, dynamic communications and efficient space management, ultimately improving productivity, user satisfaction, and operational workflows within the workplace.
- The acquisition of NFS Technology by Korbyt aims to bring advanced digital signage, space management, and workplace communication solutions to leading businesses in the finance, legal, educational, and healthcare industries.
- The combined Korbyt and NFS Technology platform promises to deliver a comprehensive solution, integrating targeted content delivery, space booking, occupancy tracking, visitor management, real-time service requests, and more, to optimize space utilization, enhance workplace communication, and support multi-channel access.
- With the addition of NFS Technology's features, such as space booking, occupancy monitoring, visitor management, employee scheduling, and handling real-time service requests, the Korbyt Anywhere platform is poised to create a modern workplace experience, aligning with the mission of both companies to prioritize people-centric workplaces.
