Day: June 26, 2019

WeWork acquires Waltz, an app that lets users access different spaces with a single credential

WeWork announced today that it will acquire Waltz, a building access and security management startup, for an undisclosed amount. Waltz’s smartphone app and reader allows users to enter different properties with a single credential and will make it easier for WeWork’s enterprise clients, such as GE Healthcare and Microsoft, to manage their employees’ on-demand memberships to WeWork spaces.

WeWork’s announcement said “with deep expertise in mobile access and system integrations, Waltz has the most advanced and sophisticated products to provide that single credential to our members and to help us better connect them with our spaces.” Waltz was founded in 2015 by CEO Matt Kopel and has offices in New York and Montreal. After the acquisition, Waltz will be integrated into WeWork, but maintain its current customer base.

WeWork has been on an acquisition spree over the past year as it evolves from co-working spaces to a software-as-a-service provider. Companies it has bought include office management platforms Teem (for $100 million) and Managed by Q, as well as Euclid, a “spatial analytics platform” that allows companies to analyze the use of workspaces by their employees and participation at meetings and other events.

Likewise, Waltz isn’t just an alternative to keys or access cards. Its cloud-based management portal gives companies data about who enters and exits their buildings and also allows teams to set “Door Groups,” which restricts the use of some spaces to certain people. According to Waltz’s help site, it can also be used to make revenue through ads displayed in its app.

Arnold Schwarzenegger pushes gas guzzlers as undercover car salesperson

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That’s sleazy used car salesman Howard Kleiner back in action, this time trying to get would-be electric car buyers hyped about gas-guzzling, fossil fuel-burning cars. 

Except it’s — surprise! — former California governor, body builder, and movie star Arnold Schwarzenegger with a fake mustache and wig. He’s just pretending to be a salesman obsessed with muscle cars that burn tons of gas as part of a campaign to get more people informed about electric vehicles. 

“We need to get off fossil fuels as quickly as we can,” the governator said in a phone call this week.

The tongue-in-cheek video is part of EV coalition Veloz’s “Kicking Gas” and Electric For All campaign to bring more electric cars to California and beyond. The organization works with automakers, utilities, government agencies, charging networks, and other transportation groups to raise awareness about electric vehicles. Read more…

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