Avaya to acquire RADVISION
Avaya Inc. has signed an agreement to acquire RADVISION Ltd. Avaya is believed to provide customers a highly integrated and interoperable suite of cost-effective, easy to use, high-definition video collaboration products, with the ability to plug and play multiple mobile devices including Apple iPad and Google Android through this acquisition.
Kevin Kennedy, President & CEO, Avaya said, "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."
Boaz Raviv, CEO, RADVISION said, "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."
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