We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Polycom to buy HP's videoconferencing assets

In a strategic partnership, HP will also resell Polycom unified communications products

Polycom has agreed to acquire the assets of Hewlett-Packard's Visual Collaboration business, including its Halo videoconferencing products and managed services, as part of a broad partnership for unified communications.

The companies did not disclose the size of the transaction, which they expect to close in the third quarter after regulatory and other approvals. The deal is intended to give greater reach to Polycom, a unified communications specialist, and allow HP to focus on cloud computing and connectivity, the companies said in a press release.

As part of the strategic partnership, HP will resell Polycom unified communications products including infrastructure, personal and group UC devices, UC managed services and audio-video software.

Both partners are rivals of Cisco Systems, which expanded its videoconferencing and unified communications businesses last year by acquiring Norwegian business video specialist Tandberg. Cisco plans to continue competing aggressively in both video and cloud computing as it focuses on fewer core businesses.

More to come.

Stephen Lawson covers mobile, storage and networking technologies for The IDG News Service. Follow Stephen on Twitter at @sdlawsonmedia. Stephen's e-mail address is [email protected]


IDG UK Sites

5 reasons not to wait for the Apple Watch: Why you shouldn't buy the iWatch

IDG UK Sites

Why local multiplayer gaming is rapidly vanishing: we look at the demise of split-screen and LAN...

IDG UK Sites

How Emotional Debt is damaging digital design

IDG UK Sites

How to update your iPhone or iPad to iOS 8: including how to install iOS 8 if you don't have room