Global communications business Polycom has acquired ViVu, a privately held video collaboration software company.
Round-up of today’s M&A deals
Global communications business Polycom has acquired ViVu, a privately held video collaboration software company.
US-based ViVu provides video collaboration software that can be embedded into web applications to enable instant web-based HD video collaboration.
According to a statement ViVu gives Polycom a fast-track to embed HD video into web-based applications through an OEM model.
Sudhakar Ramakrishna, chief development officer at Polycom, comments: ‘ViVu is a compelling acquisition for Polycom as their technology provides a scalable architecture to quickly deploy rich video collaboration for a range of web-based applications for social, business, and industry-specific applications.’
Round-up of today’s M&A deals
- Smartphone provider HTC buys Inquisitive Minds
Value: $13 million (£8.3 million)
Advisers: undisclosed
- SaaS business GlobalOne acquires FLOW thru LOGIC
Value: undisclosed
Advisers: undisclosed
