European Business Magazine catches up with
Odd Sverre Østlie CEO of Pexip where he has been at the helm since March 2018.Pexip is the result of a merger in 2019 between a company called Pexip (founded in 2012), specializing in video infrastructure and Videxio (founded in 2011), a cloud video service provider. The aim was essentially to make video conferencing easy , less expensive and more accessible to everyone on the planet and has now become a key player in the business world of video conferencing which has a dramatic rise on the back of the Covid Pandemic.
Let’s start at the very beginning. Could you tell us more about Pexip and how did the company reach the tle of “a leading independent technology provider in the video communica ons market“? The Pexip we know today is the result of a merger in 2019 between a company called Pexip (founded in 2012), specializing in video infrastructure and Videxio (founded in 2011), a cloud video service provider. The respec ve companies were started by a group of industry veterans who saw the need to break down the barriers that were making enterprise-grade video conferencing expensive, and difficult to 50 europeanbusinessmagazine.com
use, manage and scale. The two companies had complementary technology and similar company cultures and as result, I think it’s safe to say that the merger was an unmi gated success. In May 2020, Pexip was listed on the Oslo Stock Exchange, raising 100 MUSD to accelerate both product development and sales coverage. Pexip offers a 100% software and cloud based mee ng solu on that allows users to “Meet the world with video communica ons as it should be”. That is a bold claim, but customers tell us the reason they chose us was because we have the best solution to enable video to work
everywhere for everyone, making it easy and flexible for both users and IT. This is the reason both larger companies and the public sector prefer our solu ons. Joining the Pexip’s team a few years ago, you’ve men oned that “it feels like coming home“. Could you tell us a bit more about those last few years in Pexip? Which aspect of your job do you personally like the most? It has been a fantas c journey so far - and we’re just ge ng started! The Company has gone from strength to strength due to a combina on of
