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October 17, 2011 04:45 pm GMT
Polycom, provider of telepresence, video and voice solutions, this morning announced that it has acquired ViVu, a privately- held video collaboration software company. The deal was signed last Friday, for undisclosed cash consideration, and Polycom expects the transaction to be neutral to earnings. ViVu raised $3 million from Inventus Capital Partners, DFJ and Quest Venture Partners back in October 2009, followed by a strategic investement by chip maker AMD last June.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hq24JSMe7x4/
Video Collaboration Software Maker ViVu Acquired By Polycom
Polycom, provider of telepresence, video and voice solutions, this morning announced that it has acquired ViVu, a privately- held video collaboration software company. The deal was signed last Friday, for undisclosed cash consideration, and Polycom expects the transaction to be neutral to earnings. ViVu raised $3 million from Inventus Capital Partners, DFJ and Quest Venture Partners back in October 2009, followed by a strategic investement by chip maker AMD last June.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hq24JSMe7x4/
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