Human Helper LLC Acquisition Is Complete.

As Wholly Owned Subsidiary, Human Helper Delivers Real-Time Collaboration Solutions to Improve Business Productivity and Provide Cost Savings
 
Feb. 20, 2008 - PRLog -- Chicago, IL., — Human Helper, LLC., a leading provider of Web conferencing services that enable businesses to conduct real-time, interactive presentations and meetings over the Internet, today announced its acquisition by a Private Equity Firm is complete. The acquisition, valued at approximately $27 million. Through this acquisition, the companies plan to deliver innovative and easy-to-use online conferencing solutions that will help connect more people seamlessly in a real-time conferencing environment. Additionally, the companies aim to provide industry partners with improved technologies to develop and deliver new custom business solutions that take advantage of advanced real-time collaboration capabilities.

"With the acquisition of Human Helper LLC now complete, the newly formed Real-Time Collaboration Business Unit moves forward with an even stronger team and best of breed solution allowing real-time communications and collaboration from anywhere, anytime," said Ryan Wrobel, formal Founder & CEO of Human Helper LLC. "The new solution will help customers incorporate real-time communications into the fabric of their daily work activities and achieve substantial productivity gains while reducing costs to their customers."

Human Helper LLC decided to sell the company, as the Private Equity Firm is in the middle of an exciting Information Worker revolution that includes convergence across traditional telephony and IP-based communication and collaboration technologies. Companies of all sizes are reaping the benefits of improved employee and team productivity made possible by the collaboration solutions,"

"I am extremely proud of the success we realized at Human Helper LLC that brought us to this point," said Ryan Wrobel, Founder, CEO and President of Human Helper LLC. "The closing of the acquisition represents new and exciting opportunities for our joint customer base, our employees as well as for the future of real-time collaboration technologies."
End



Like PRLog?
9K2K1K
Click to Share