POLYCOM ACQUIRES HP
HP (NYSE:HPQ) is offered a visible partnership commercial operation section to Polycom (NASDAQ:PLCM). The understanding is valued during $89 million as good as is approaching to tighten by Aug 1st.
Under a conditions of a deal, Polycom will be appropriation all a resources of HP’s Visual Collaboration commercial operation which includes HP’s Halo telepresence systems. HP isn’t wholly on foot divided from a partnership business, rsther than a devise is to have vital partnership with Polycom. Polycom will suggest as a pass partner to HP for both inner deployments during HP as good as by a HP sales channel.
“We’ve had a attribute with Polycom for years,” Shane Robison, Chief Strategy and- Technology Officer during HP pronounced during a webcast, deliberating a acquisition. “This only brings things together in to a single package and- allows a services classification to muster for commercial operation in a most some-more seamless way.”
In further to a merger of HP’s video business, Polycom voiced a arrangement of a Open Visual Communications Consortium (OVCC). The OVCC is starting off with fourteen members together with : Airtel, AT&T, BCS Global, BT Conferencing, Cable&Wireless Worldwide, Global Crossing, Glowpoint, iFormata Communications, Masergy, Orange Business Services, PCCW Global, Telefonica, Telstra, and- Verizon.
The idea of a OVCC is emanate seamless interoperability for video partnership opposite a cloud.
Part of a OVCC height includes an prolongation of a partnership which Polycom has with Juniper Networks. Polycom and- Juniper voiced a partnership in Jan of 2010 to assistance improved confederate network resources with video delivery.
The moves by Polycom right away place a association in to some-more approach foe with Cisco, which has been really active in a space in brand new years. Cisco acquired telepresence businessman Tandberg in 2010 for $3.3 billion. Cisco doesn’t crop up to be all which disturbed about a brand new rival forces which have been aligned opposite them.
“In only underneath 5 years, Cisco has left from 0 to 47 percent telepresence marketshare whilst HP has unsuccessful to set up any convincing participation in collaboration,” David Hsieh, clamp president, Telepresence Marketing, Cisco pronounced “Regardless of a vendor, creation and- a fasten to commercial operation have been vicious for success in this fast flourishing partnership space and- Cisco's plan to suggest commercial operation a single of a largest portfolios of interoperable telepresence solutions for their singular needs is profitable off.”
In further to a acquisition, Polycom is additionally expanding a vital attribute with Microsoft. Microsoft has additionally been active in a VoIP space with a brand new merger of Skype for $8.5 billion. “With a merger of Skype there have been a little concerns over what which equates to for a Polycom attribute and- from a viewpoint a attribute and- partnership is as clever as ever,” Andy Miller, President and- CEO of Polycom pronounced during a webcast. “What you do most appropriate is craving partnership and- one partnership and- you consider a good which Skype is fasten Microsoft and- which won’t bushel or even plea a relationship.”
Yunico 03 Jun, 2011--
Source: http://www.digdod.com/polycom-acquires-hp-1032975.html
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