Pexip CEO Passes the Baton for Next Phase of Growth

Author:
Publish date:

OSLO, Norway -- Oct. 19, 2015 -- Pexip(R), a leading innovator in scalable, distributed collaboration software, today announced that Åsmund O. Fodstad, formerly EVP of Global Sales and Marketing at Pexip, has been appointed CEO. Former CEO and Co-founder Simen Teigre will join the company's Board of Directors and, through a transition period, serve as Special Advisor to the CEO.

Åsmund O. Fodstad joined Pexip in April 2013 and has been EVP of Global Sales and Marketing since January 2014. Prior to joining Pexip, he acquired 20 years of leadership experience working at companies such as Tandberg, REC, and projectiondesign, and as General Manager for SuperOffice. Fodstad has extensive experience building global sales, marketing, and distribution networks. Based in Hong Kong, he developed Tandberg's APAC business and led REC's global sales beyond a billion dollars. In his New York-based sales leadership role at Pexip, he built a high-performing global sales operation and delivered strong commercial results for the company.

"I am deeply honored to be appointed CEO," said Åsmund O. Fodstad. "Pexip is enjoying tremendous momentum in the market, and in my new role I am fully committed to taking Pexip to even greater heights."

Since the incorporation of Pexip in April 2012, the company has experienced explosive growth and adoption of its innovative collaboration software in the global market. Fortune 500 companies across every vertical, leading education institutions, and public organizations have embraced the Pexip Infinity solution at record speed. Pexip customers are now using the Pexip Infinity platform at a rate of 100 million minutes annually, double the amount from just 6 months ago. With recurring revenue growing at a rate of more than 300 percent YoY, with presence in 15 countries on five continents, and customers in more than 50 countries around the world, Pexip has become a successful disruptor and challenger to the collaboration incumbents.

"It has been an incredible journey with the Pexip team over the past three-and-a-half years, building Pexip from the ground up to become a global disruptor in collaboration software," said Simen Teigre, Co-founder and former CEO of Pexip. "But being CEO of a high-tech startup is like running a sprint where the distance is a marathon -- the race is thus best run as a relay. As CEO, I believe the time is now right to pass on the leadership baton."

"Pexip's results under Simen's leadership have been impressive," said Bengt Thuresson, Chairman at Pexip. "He has done a stellar job building the company and leading the Pexip team up to this stage. With a strong management team in place, the strongest CEO candidate for the next phase was already onboard. We are extremely excited that Åsmund has accepted the challenge to lead the company through the next phase as CEO." 

Pexip's award-winning Infinity platform allows organizations to offer video, audio, and Web-based collaboration solutions to every employee via existing IT and cloud infrastructures. Built on a purely software-based and hugely scalable architecture, the platform is quick and easy to install, deploy, operate, and manage, allowing customers to capitalize on their existing investments, to create truly seamless virtual collaboration environments. As a result, users can collaborate using any platform including Microsoft(R) Lync(R), Skype(TM) for Business, Skype, other soft clients, audio or videoconferencing systems, every major Web browser, or personal devices such as smartphones, tablets, and PCs -- providing high-quality visual communications to any user working from anywhere.

For additional information on Pexip Infinity or to test drive the latest release, visit www.pexip.com/drive.

# # #

About Pexip(R)
Pexip(R) overthrows conventional thinking by providing an affordable, scalable, and virtualized meeting platform that truly enables everyone to do high-quality video, audio or web meetings from any device. For Pexip, simplicity for the end user and scalability for IT are guiding principles in the design of Pexip Infinity, the scalable meeting platform. Founded in 2012, Pexip was created by leading innovators from the videoconferencing industry. Pexip is headquartered in Oslo, Norway, and has offices in New York and London. For more information, visit www.pexip.com

PR Link:http://www.pexip.com/article/press-release/pexip-ceo-passes-baton-next-phase-growth

Photo Link:www.ingearpr.com/Pexip/Pexip_Asmund_Fodstad.jpg

All trademarks and registered trademarks mentioned herein are the property of their respective owners.

Follow Pexip:
Blog:http://www.pexip.com/news  
Facebook:http://www.facebook.com/pexip  
LinkedIn:http://linkd.in/1pPzUvj  
Twitter:https://twitter.com/PexipInc  
YouTube:https://www.youtube.com/user/PexipInc

Related

More than 55 of the 2018 Fall Television and Streaming Series Rely on Blackmagic Design

More than 55 of the 2018 Fall Television and Streaming Series Rely on Blackmagic Design

Blackmagic Design today announced that the company’s production and post products were used to complete many of the fall 2018 season’s new and returning television shows and streaming series. More than 55 shows rely on Blackmagic Design’s digital film cameras; Fusion visual effects (VFX), compositing, 3D and motion graphics software; and DaVinci Resolve editing, color correction, VFX and digital audio software; as well as its switchers, routers, monitors and capture and playback devices.

Luxul_AMS-1208P

Jingle All the Way: Luxul's XMS-1208P Managed Gigabit Switch is Available for All CI Integrators this Holiday Season

Luxul, the leading innovator of IP networking solutions for AV integrators, today announced that it's giving CI integrators the gift of enterprise-level performance at affordable price points this holiday season. It doesn't matter if they've been naughty or nice, the company's XMS-1208P 12-port/18 PoE+ managed Gigabit switch — that delivers high-speed performance while enabling simple network expansion — is now available for all. And to ring in the new year, Luxul will begin shipping its AMS-1816P 18-port/16 PoE+ L2/L3 managed Gigabit switch in early January.

HoverCam_VV1

HoverCam Transforms Classrooms Fit for Future-Ready Students at Val Verde USD

HoverCam, an innovative technology leader in the digital education market, announced that Val Verde Unified School District (USD) in Parris, California, successfully installed HoverCam's Pilot digital teaching stations and CenterStage interactive flat panels (IFPs) in new STEM labs in the elementary schools, with plans for an eventual rollout to the district's middle and high schools. As part of the district's goal to create future-ready students, Val Verde USD chose HoverCam digital education solutions to address the rising challenge of updating classrooms and introducing curriculum with advanced systems that will prepare students for a rapidly changing career landscape.

ScreenShot2018-12-11at2.41.29PM.144822

The Sigma Holiday Sale Is Back!

Nothing makes gift giving as enjoyable as special prices on award-winning Sigma lenses and accessories; get the lens you’ve always craved or surprise a fellow shooter with the perfect present.

Riedel-Ruptly-Vans-3

Global News Agency Ruptly Relies on Riedel's MediorNet and Artist on Board New OB and DSNG Vehicles

Riedel's MediorNet real-time media network and Artist digital matrix intercom are providing the decentralized and redundant signal routing and communications backbone on board two all-new, state-of-the-art OB vehicles for Ruptly, a Berlin-based international news agency. Qvest Media, a world-leading system architect and integrator for the broadcast and media industries, designed and built the new broadcast van and DSNG vehicle.