Polycom to buy HP's videoconferencing assets

Polycom has agreed to acquire the assets of Hewlett-Packard's Visual Collaboration business, including its Halo videoconferencing products and managed services, as part of a broad partnership for unified communications.

The companies did not disclose the size of the transaction, which they expect to close in the third quarter after regulatory and other approvals. The deal is intended to give greater reach to Polycom, a unified communications specialist, and allow HP to focus on cloud computing and connectivity, the companies said in a press release.

admin 02 Jun, 2011


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Source: http://www.infoworld.com/d/applications/polycom-buy-hps-videoconferencing-assets-799?source=rss_
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