French-Swiss software merger to mint Europe’s latest unicorn
47d ago
Technology
The Next Web
LumApps, a French software company specializing in internal communications platforms, is merging with Swiss mobile workforce engagement platform Beekeeper. The deal will create a new company valued at over $1 billion, making it Europe's newest unicorn. LumApps' "intranet super app" combined with Beekeeper's frontline worker tools aims to create a comprehensive "employee hub." The combined entity will serve a diverse range of employees, from office staff to frontline workers like doctors and truck drivers. The merger positions the new company as a leader in the rapidly growing market for employee experience platforms.