BabbleLabs, a revolutionary company that works to improve communications is soon going to be acquired by the networking giant Cisco. The company has announced its intent to acquire the company as it intends to work on controlling unwanted noise in virtual meetings that have become a norm in the present pandemic ridden world.
A survey from Cisco discovered that 98% of employees around the world feel that there are a lot of distractions during video meetings while working from home. Background noise is one of the top 5 reasons behind this distraction. Cisco seems to be banking on BabbleLabs’ technology to solve this highly relevant issue.
BabbleLabs technology leverages AI techniques to differentiate between human speech from unwanted noise and improves the quality of communication and conferencing applications. Cisco has an impressive Collaboration portfolio that will greatly benefit from the BabbleLabs acquisition and complement its own offerings.
“BabbleLabs is excited to become part of Cisco and the Collaboration Group,” said Chris Rowen, CEO and co-founder of BabbleLabs. “The Cisco team shares our passion about speech as the core of collaboration and communication. Cisco’s Collaboration platform will enable us to quickly scale our exceptional speech enhancement technology for the hundreds of millions of Webex users.”
The BabbleLabs acquisition is expected to close in Q1 of Cisco’s FY21. Upon the completion of the transaction, the BabbleLabs team will join the Cisco Collaboration Group.