World VoIP NewsAvaya acqure Radvision for innovative VoIP telepresence solutions
Avaya acqure Radvision for innovative VoIP telepresence solutions
VoIP industry giant Avaya Inc. has announced the signing of an agreement to buy RADVISION Ltd. , a substantial manufacturer and vendor of telepresence technologies thru across VoIP as well as wireless networks.
By means of this acquisition, Avaya will deliver to huge customer base completely integrated and mutually suitable solutions of cost-effective, easy to deploy, high-definition video integration products, with the in-built options to plug and manage numerous mobile devices of Apple iPad and Google Android. Upon the finalizing the joint venture RADVISION's corporate video infrastructure and well leveraged endpoints will be incorporated with Avaya's award winning Avaya Aura platform of Unified Communications concept to create a highly competitive and differentiated solution deemed to facilitate the utilization of video telepresence in common VoIP services. The RADVISION products line contains a full spectrum of videoconferencing, different technologies and effective serving and support enterprises, small business, and comms operators. It includes standards-built applications, open infrastructure and endpoints for specific and pre-configured videoconferencing with office-based applications, desktops, and mobile tools. The integrated Avaya and RADVISION environments will expand drastically business to business (b2b) and business to customer (b2c) video conversations, and also supports provisioning of "Bring Your Own Device" (BYOD) mode of inter-communications. Special RADVISION's product line Scopia and expertise integrated with the highly scaled architecture of Avaya Aura will conjoin current existing H.323 managed networks and SIP-based platforms, proving absolute scalability and a user experience expressed in an intuitive and easy to operate mode of activities. RADVISION and Avaya channel partners look forward to be capable of delivering complete UC Video integration with operational support, and professional services. The final transaction’s details are revealed, where RADVISION shareholders will get US$11.85 per single share, ensuring the transaction’s approximately value $228 million. The deal is expected to be completed within some 90 days assuming the mutual satisfaction of preliminary agreed conditions. Commencing of this agreement is benchmarking Avaya's strategic commitment to bring The Power of Web concept to every Avaya customer, assisting businesses to boost rapid collaboration, smarter procedures and better entrepreneurial outcomes.
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