Polycom Spent $50 Million for Online Video Platform

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Polycom Spent $50 Million for Online Video Platform Polycom Spent $50 Million for Online Video PlatformPolycom Spent $50 Million for Online Video Platform

 

25 March 2011

Polycom, the UC specialist, has officially announced that the company had spent $50 million to acquire enterprise-class online video platform Accordent Technologies.
According to Polycom’s officials, the deal will enable the integration of open standards, UC Intelligent Core and UC endpoints with Accordent's video content management solution.
Accordent solution offers capture solutions for all video use cases providing highly scalable live webcasts and automated media webcasting, bringing a streaming extension to video conferences.
Polycom stated that 50 employees of Accordent will stay in Southern California and will submit to Polycom's UC research and development department.

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