Fieldbit Is Acquired By Help Lightning

help lightning acquires fieldbit

We have some company news today that we believe will provide great value to our customers immediately and exponentially over the coming years. Recently, we began a conversation with the leadership team at Help Lightning to see how the combined capabilities of both companies could significantly improve our ability to support the success of our customers.

We are excited to announce that we have been acquired by Help Lightning!

“From the beginning, our vision at Fieldbit has been to be at the forefront of technology so we can provide the most advanced AR solutions for our customers. With our strong footprint in the energy, utilities and manufacturing industries, and together with Help Lightning’s ability to create and expand customer value, we are now able to bring unparalleled expertise and powerful capabilities to create positive outcomes for our customers.” Evyatar Meiron, CEO of Fieldbit

For the benefit of our customers, we have already begun to identify steps to deliver a combined solution that supports an immediate increase in value while accelerating the delivery of new capabilities over the next 12-18 months. Please reach out to our team directly or read the brief Q&A below. 

For prospective customers, whether you are benefiting from use of an augmented reality platform today or have been interested in learning more, now is a great time to request a demo

Q&A On Today’s News:

Where can I learn more about the news?
You can read this press release that will be distributed to the media on November 9 at 8:00 AM CT.

Why did Help Lightning agree to acquire Fieldbit?
By acquiring Fieldbit, Help Lightning is able to accelerate delivery of broader, deeper value to customers through the introduction of a new set of capabilities. Our advanced, innovative set of products complement Help Lightning’s market leading Remote Visual Assistance product. The combined product suite will further establish our combined company as the innovative market leader in delivering AR business value.

What will happen with the Fieldbit product offering and brand moving forward?
The Fieldbit product will continue to be sold and fully supported by Fieldbit with support from Help Lightning. Help Lightning recognizes the strong value in the Fieldbit brand. The decision on long term branding for the combined solution will be made after a complete evaluation of the market, including customer feedback.

What benefits will Fieldbit customers see as a result of this acquisition?
Combined with Help Lightning’s ability to create and expand customer value, we will be well-positioned to bring unparalleled expertise and powerful capabilities to create positive outcomes for our customers. Also, Fieldbit customers will benefit from Help Lightning’s top customer success team, offering a true partnership in onboarding, adoption best practices, usage tracking and an executive level strategic planning process to illustrate the broad, enterprise value and ROI available.

Will there be any pricing changes on Fieldbit? What will happen with existing contracts?
The Fieldbit licensing scheme, pricing, and all commercial agreements with customers and partners will continue without any change for the existing Fieldbit solutions. When the integration of the two platforms will be completed, Help Lightning will offer a migration path to the new system.

Can you share more about Help Lightning?
Help Lightning, Inc. provides remote visual assistance software to hundreds of companies, across a variety of industries, with more than 60,000 users in over 90 countries. Large enterprise companies such as Becton Dickinson, Siemens Healthineers, Ricoh, Boston Scientific, DirecTV and Cox Communications depend on Help Lightning to improve their field service organization and call center first-time fix rates, extend their workforce capacity and improve customer satisfaction. Unlike other visual support solutions, only Help Lightning combines easy-to-use software with industry-specific expertise and a partnership approach to help its customers maximize value. For more information, visit helplightning.com

Who are Help Lightning’s customers?
Help Lightning has successful customers in a wide variety of industries including medical & scientific equipment, telecommunications, and commercial equipment. The company has a rapidly growing base of more than 200 customers – the majority being large enterprises such as Ricoh, Siemens Healthineers, Becton Dickinson, DirecTV, and Cox Communications.

If you have additional questions not answered in these materials, please feel free to reach out to me directly or contact us through our website.

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