Google has made it clear that the Hangouts Meet name will gradually be phased out and the service will be called Google Meet in the days to come.
In fact, this will impact G Suite customers, more likely on the enterprise side of things. We know that Google Voice integration will be saved.
A G Suite lead says that remaining Hangouts users will have a safety net in messaging with Hangouts Chat and Hangouts Meet.
We don't know when exactly Hangouts will be going away, but given how much neglect this messaging client has faced, we wouldn't be surprised.
The two new communication apps get G Suite app integration. As such, Google Drive gets a boost in features for enterprise users