Avaya agreed to acquire RADVISION for US$11.85 per share, valuing the transaction at approximately $230 million.
RADVISION (Nasdaq:RVSN) is known for its IP videoconferencing and telepresence technologies over IP and wireless networks. Its expertise includes advanced media processing technology, protocol stacks, frameworks and testing tools for developers of voice, video, data and wireless IP communications devices and network equipment. Its product set includes standards-based applications, open infrastructure and endpoints for ad-hoc and scheduled videoconferencing with room-based systems, desktop, and mobile consumer devices.
Avaya said the deal will advance its suite of high-definition video collaboration products, with the ability to plug and play multiple mobile devices including Apple iPad and Google Android. Specifically, RADVISION’s enterprise video infrastructure and high value endpoints will be integrated with Avaya’s Avaya Aura Unified Communications (UC) platform. In addition, RADVISION’s SCOPIA Video product line and expertise integrated with the open architecture of Avaya Aura will bridge existing H.323 communications networks and SIP-based environments, delivering scalability and a user experience designed to be intuitive and easy to operate.
“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,” stated Kevin Kennedy, president and CEO, Avaya.
http://www.avaya.com
http://www.radvision.com
- RADVISION was founded in 1992 and is part of the RAD Group of companies, which were created by the Zisapel brothers.
- In October 2011, Avaya acquired Sipera Systems, a privately-held supplier of Unified Communications (UC) enablement and security solutions, for an undisclosed sum. Sipera supplies set of fit-for-purpose, enterprise-class SBC capabilities for Session Initiation Protocol (SIP) trunking that offers customers and channel partners flexibility, security and value. Sipera provides application-layer security. Security features include a patent-pending remote worker solution that helps deploy VPN-less solutions and advanced toll fraud protection.