Avaya buys Radvision for $230m
Deal will expand Avaya's video conferencing and telepresence solutions, including mobile applications
Avaya has announced that it will purchase video conferencing specialist Radvision, for $230 million.
The company will add Radvision's range of video conferencing products, technologies and expertise to its unified communications platform.
Radvision's portfolio includes standards-based applications, open infrastructure and endpoints for ad-hoc and scheduled video conferencing with room-based systems, desktop, and mobile consumer devices.
Avaya intends that through integration of Radvision solutions with its existing Aura Unified Communications platform, it will be able to offer a broad set of solutions for customers.
"The opportunity for personal workspace is now. Customers demand a rich, collaborative user experience that is interoperable and easy to use. In addition, we believe this transaction will leverage a highly-skilled, incredibly talented and experienced workforce ready to deliver video to enterprise customers. With this acquisition we will seek to extend videoconferencing to any device, anytime, anywhere, making it as easy as a phone call, seizing the opportunity to deliver a fully-integrated solution and architecture that we believe sets us apart from the competition," said Kevin Kennedy, president and CEO, Avaya.
"Radvision has a strong heritage of developing and delivering innovative videoconferencing products and technologies deployed by Fortune 500® companies and global service providers. As companies and their customers seek to deploy a wide range of video capabilities as part of their daily collaboration, the combination of Avaya and Radvision's portfolio will provide flexible and easy to use solutions. Avaya's commitment to quality, innovation, open architectures and industry standards is an ideal fit to advance Radvision's vision for making video part of everyday life," added Boaz Raviv, CEO, Radvision.
The deal is expected to close in 90 days.