Mersive Solstice

Mersive Named to Deloitte’s Technology Fast500 for the Second Consecutive Year

Award highlights the company’s rapid ascent in the wireless presentation market

Denver, Colorado | November 26, 2019Mersive Technologies, a leader in wireless collaboration software and solutions, has placed on Deloitte‘s prestigious Fast 500 list for the second year in a row. Now in its 25th year, the list is a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies in North America. Technology Fast 500 companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.

Mersive ranked number 202 this year, with a growth rate of 541 percent over the three-year period. “Our placement on the Fast 500 for a second straight year is both exciting and a testament to our strategy, innovation, and people,” says Mersive CEO Rob Balgley. “We are completely focused on becoming the collaboration platform for modern meeting and learning spaces. We have big plans for 2020, including new offerings that promise to make meetings more productive for remote participants and greatly reduce the cost of deploying active learning systems in universities and colleges. With good execution and a little luck, we hope to earn our way onto the list for a third straight year.”

Mersive Solstice is an award-winning wireless collaboration platform that enables any number of meeting participants to wirelessly share content from laptops and mobile devices over existing wired / wireless networks to an in-room display, making meetings and classrooms more collaborative, efficient, and engaging. It integrates seamlessly and securely with existing technology infrastructure to infuse the in-room experience with enhanced collaboration, improved usability, and increased productivity.

In the rapidly growing wireless content sharing market, strong demand from the corporate and education sectors spurred 43% more growth in 2018 compared to the year before, according to Futuresource Consulting Ltd — equating to a substantial value of $2.6 billion. In its 2019 Global Wireless Presentation Solutions Report, Futuresource identified Mersive as third in worldwide market share and first in year-over-year growth, with the company growing at nearly 2.7 times the global market growth rate. Mersive continues to rapidly gain share through its innovative software and increasing worldwide presence and partnerships.

About Deloitte’s Technology Fast 500

The Deloitte Technology Fast 500 is one of the most objective rankings for technology, media, telecommunications, life sciences, and energy tech companies. It was created to recognize the effort and dedication of the fastest-growing technology companies—both public and private—in North America. Winners are selected based on percentage fiscal-year revenue growth over a three-year period. The ranking is compiled from applications submitted directly to the Technology Fast 500 website and public company database research conducted by Deloitte LLP. For more information, visit www2.deloitte.com

About Mersive

Mersive’s Solstice wireless collaboration solution boosts productivity by putting content at the center of the meeting experience. Participants are more engaged because Solstice’s intuitive, software-based interface makes it easy for any number of users to share content from any device. Moreover, corporations and universities can securely deploy the solution across locations and centrally manage them from a single console. Mersive is located in Denver, Colorado. To learn more, please visit www.mersive.com.

Media contact:

Newton Holt | nholt@mersive.com


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