LumApps, a French intranet software provider, and Beekeeper, a Swiss frontline staff communication app, have agreed to merge, valuing the combined entity at approximately $1.1 billion. The merger will create a new unicorn in the business software space, combining LumApps' expertise in intranet solutions with Beekeeper's focus on connecting frontline workers. The companies anticipate that this merger will strengthen their market position and provide a more comprehensive communication platform for businesses.