Avaya finalises Radvision acquisition
Networking vendor Avaya has finalised its acquisition of videoconferencing vendor Radvision, as part of a US$230 million deal announced in March this year. Radvision will operate as an indirect, wholly owned subsidiary of Avaya, under the Radvision brand.
According to Avaya, the two companies will “build on the interoperability that exists between the two portfolios today to extend video collaboration inside and outside of the enterprise”.
Kevin J Kennedy, President and CEO, Avaya, said: “As a result of the transaction, Avaya customers can reap the benefits of richer, simplified video collaboration regardless of what system they’re currently using.”
“Through this merger, Radvision benefits from the Avaya name and marketing resources and Avaya augments its UC offering with an open, robust, end-to-end video solution,” said Boaz Raviv, Vice President & Global Head, Avaya Video Portfolio, Radvision.
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