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:

NTT Communications to acquire 91.2% stake in Arkadin

August 5, 2013 | Telepresence Options


Story by IVC Post Staff Reporter / IVC Post

AXA Private Equity, NTT Communications Corporation, and Arkadin International SAS together announced today that they have signed an exclusive agreement over NTT Communications' acquisition of a controlling stake in Arkadin. Arkadin is the world's third-biggest collaboration service provider. NTT Communications is said to acquire a 91.2% stake in Arkadin.The agreement, however, is still subject to the approval of antitrust authorities.

Arkadin provides an extensive range of conference-related solutions that cover services that unify communications. These solutions include audio, web, and video conferencing services as well. Arkadin has recorded double-digit revenue growth since AXA Private Equity's financial commitment in 2012. The investment allowed Arkadin to reinforce its leading market status through a range of critical developments. These developments include the buyout of Novasight, a video conference specialist.

Continue Reading...

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.