An interesting way to make sure you have revenue that doesn't disappear as wfh and remote learning slowly wraps up.
Even if office work returns to something close to pre-COVID levels, one thing that has been proven is that remote meetings can work online. Travel for meetings will be harder and harder to justify. Airfare, car/taxi/uber, hotel, expenses compared to zero cost for a Zoom meeting. Zoom (and technology like it) is not going away.
That’s a reasonable point but remote conferencing subscriptions are at an all-time high, so it wouldn’t surprise me to see some churn in this area, even if everything you said is correct. Schools, teams that return fully to the office, etc will probably let their subscriptions lapse, which would lead to a fear among investors that the business was in trouble. It’s a smart play to introduce a new revenue stream (via M&A) to counteract that narrative.