e‎ > ‎e‎ > ‎

k

polycom HP
  • We don’t need more Surface clones

    We don’t need more Surface clones

  • HP’s Spectre 15 makes 4K on a laptop a livable experience

    HP’s Spectre 15 makes 4K on a laptop a livable experience

  • HP recalls an additional 101,000 batteries over fire concerns

    HP recalls an additional 101,000 batteries over fire concerns

  • Browse more...

Polycom Acquires HP's Videoconferencing Unit For $89 Million In Cash

Posted Jun 1, 2011 by Leena Rao (@leenarao)
  • 0

    SHARES
Next Story

RockYou Buys Studio 3 Blokes To Build Social Combat Games On Facebook

Video conferencing company Polycom is acquiring the assets of HP’s Visual Collaboration business, including the Halo Products and Managed Services business according to a release issued by both companies this morning. The acquisition, which is valued at $89 million, is expected to close in Q3 2011.

Part of the deal, HP and Polycom have established a strategic relationship in which Polycom will be an exclusive provider to HP for telepresence, including both resale and internal HP deployments. The two companies have also agreed to make Polycom’s video applications available for HP’s WebOS platform and TouchPad line.

Polycom also announced an Open Visual Communications Consortium, which is an open video exchange cloud with carriers, including AT&T, Verizon, BT, and Telefonica, to help expand teleconferencing beyond corporate firewalls and proprietary video platforms.

  • 0

    SHARES
Advertisement Advertisement

Crunchbase

    • Full profile for
  • Polycom

    • Founded 1990
    • Overview Polycom helps organizations unleash the power of human collaboration. More than 400,000 companies and institutions worldwide defy distance with secure video, voice and content solutions from Polycom to increase productivity, speed time to market, provide better customer service, expand education and save lives. Polycom and its global partner ecosystem provide flexible collaboration solutions for any …
    • Location San Jose, CA
    • Categories Video, Enterprise Software, Communications Infrastructure
    • Website http://www.polycom.com
    • Full profile for Polycom

Newsletter Subscriptions

Latest Crunch Report

  • 1 Billion Hours of YouTube A Day | Crunch Report

    1 Billion Hours of YouTube A Day | Crunch Report

Watch More Episodes
  • polycom
  • HP
  • Popular Posts

    #auto

    Subpages (1): f
    Comments