News is just breaking, so not a lot of detail yet on the specifics. At least Mitel have generally been playing nicely with Skype for Business, so that’s encouraging.
- Transaction valued at approximately $1.96 billion
- Polycom brand to be retained
- It remains business as usual and both companies will operate as separate entities until the transaction closes, which is expected to occur this year
- There will not be any immediate changes to customer relationships with Polycom, Polycom will continue to offer our full portfolio of products and solutions
The press release says: ”
Global scale and strategic scope provide key customer benefits
The combined global company will offer customers an integrated technology experience supported by an impressive ecosystem of partners. Key market positions include:
- #1 in business cloud communications
- #1 in IP/PBX extensions in Europe
- #1 in conference phones
- #1 in Open SIP sets
- #2 in video conferencing
- #2 in installed audio
- Installed customer base in more than 82% of Fortune 500 companies
- Deep product integration with Microsoft solutions
- Mobile deployments in 47 of the world’s top 50 economies
- Combined portfolio of more than 2,100 patents and more than 500 patents pending
- Global presence across five continents with approximately 7,700 employees worldwide
”
Mitel Press release: http://investor.mitel.com/releasedetail.cfm?ReleaseID=965239
Polycom Press release : http://www.polycom.com/company/news/press-releases/2016/20160415.html
[…] New Mobile Features: https://blogs.office.com/2016/04/12/announcing-content-viewing-for-skype-for-business-on-android-and-updates-to-ios/?Ocid=Lync-Outgoing_Social_TWITTER_SkypeBusiness_20160412_428685783#xUwZ5TuvIrdlM339.97 Cloud Connector Edtition: http://blog.get-csjosh.com/2016/04/introducing-skype-for-business-cloud-connector-edition.html Mitel Acquires Polycom: http://tomtalks.blog/2016/04/mitel-announces-definitive-agreement-acquire-polycom/ […]