Avaya announced it has signed an agreement to acquire Radvision, a provider of videoconferencing and telepresence technologies over IP and wireless networks for approximately $230 million.
The proposed deal calls for Radvision shareholders to receive $11.85 per share, with the acquisition expected to close within 90 days.
Through this acquisition Avaya said it will provide customers an integrated and interoperable suite of high-definition video collaboration products with the ability to plug and play multiple mobile devices including Apple’s iPad and Google Android-powered devices.
Follow RCR Wireless News – Americas on Twitter, Facebook and subscribe to our free periodic newsletters
Upon closing, Radvision’s enterprise video infrastructure and endpoints will be integrated with Avaya Aura unified communications platform. The Radvision portfolio includes a range of videoconferencing products and technologies targeting enterprises, small business and service providers. The expectation is that by integrating Avaya and Radvision portfolios it will extend intra-company business-to-business and business-to-consumer video communications, and also support internal bring-your-own-device (BYOD) initiatives.
Be sure not to miss:
- With Nortel integration, Avaya aims beyond contact center solutions
- Apple partners with Scopus, PromonLogicalis to tap Brazil’s corporate market
- Avaya targets emerging markets with IP Office 8.0
