San Francisco - Israel’s Redkix, whose product combines email and team messaging, said on Thursday it has agreed to be acquired by Facebook, where it will join the Workplace team to help companies collaborate.
Facebook launched Workplace, its subscription-based social platform for businesses, in 2016.
Redkix did not disclose financial details but Israel’s Calcalist news website, citing a person familiar with the matter, said the deal was valued at about $100 million.Read more at Reuters