Gold Sponsors
Array Telepresence Logo   Human Productivity Lab Logo   Ashton Bentley Logo
Silver Sponsors
Bronze Sponsors
Telepresence Options Magazine

Latest Telepresence and Visual Collaboration News:
Full Article:

In brief: Polycom to explore possible sale

April 16, 2010 | Howard Lichtman

by Dow Jones Newswires


Thursday 15 April 2010

Video conferencing firm expects increased competition following Cisco-Tandberg deal.

Polycom Inc., which makes systems for video, audio and data conferencing, is working with Morgan Stanley to study strategic options that include a possible sale, Bloomberg News reports Wednesday, citing three people familiar with the situation.

The Pleasanton, Calif., company anticipates increased competition due to the pending acquisition of Norwegian rival Tandberg ASA by Cisco Systems Inc. and the proliferation of free Internet conferencing services, another source said.

Representatives of Polycom and Morgan Stanley declined to comment, Bloomberg reports.

Add New Comment

Telepresence Options welcomes your comments! You may comment using your name and email (which will not be displayed), or you may connect with your Twitter, Facebook, Google+, or DISQUS account.