As UC industry folks we get a chance to see the insides of many companies. We regularly meet folks from Cisco, Microsoft, Google, 8X8, Ringcentral and many many others. One rumor we have been following was the movement by Mitel to acquire yet another company. Mitel is not as famous as the Google and Microsofts of the world, but they are certainly a well run-firm.
It was finally announced on Friday that Mitel would acquire Polycom Communications for around $1.8B USD. Polycom has been a leader in video conferencing and making terminals for nearly every company out there. They have a lot of research and development in endpoints. So many Polycom phones are out there connected to Microsoft’s Lync server and many cloud phone service providers that many customers think Polycom is the phone company.
“Announcing the deal, Mitel CEO Rich McBee said, “Mitel has a simple vision – to provide seamless communications and collaboration to customers. To bring that vision to life we are methodically putting the puzzle pieces in place to provide a seamless customer experience across any device and any environment.”
McBee further informed, “Polycom is one of the most respected brands in the world and is synonymous with the high quality and innovative conference and video capabilities that are now the norm of everyday collaboration. Together with industry-leading voice communications from Mitel, the combined company will have the talent and technology needed to truly deliver integrated solutions to businesses and service providers across enterprise, mobile and cloud environments.””
You can find out more in the official press release here.