New Delhi:- During the peak of the pandemic lockdowns, Verizon spent a large amount of money, hundreds of millions, on acquiring BlueJeans. The telecom giant has informed users that the lesser-known video-conferencing app is shutting down after three years.

Verizon sent an email to many people saying that they have decided to stop offering their BlueJeans products. This news was first reported by 9to5Google. Verizon used to own TechCrunch.

Verizon said it decided to shut down the B2B app because the market has been changing. This change is because of Zoom, which became popular during the COVID-19 pandemic for video meetings and is now widely used by businesses, along with other services like Google Hangouts. However, even Zoom is not currently trading at the same high level it reached in October 2020.

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BlueJeans was created in 2011 by Alagu Periyannan, who was in charge of technology, and Krish Ramakrishnan, who was the CEO and product leader at the time. Within two years after the Verizon deal was completed, both co-founders, Ramakrishnan's successor Quentin Gallivan (former CEO), and former CFO Robert Park all left.

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Starting from August 31, the first BlueJeans features to be removed will be its basic version and the free trial options. A person from BlueJeans' support team said that the service will keep running as usual for other users at least until December 2023.

Currently, the BlueJeans website says, "BlueJeans is the best fit. " Meet for as much time as you prefer. Always.

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Verizon's clothing brand Bluejeans was successful in attracting business customers, but it started losing down after 2020. Now, they have decided to shut down the company drastically.