Polycom To Acquire VoIP Solutions Firm Obihai Technology

by CXOtoday News Desk    Jan 09, 2018

acquisition

Polycom has announced that it is acquiring San Jose-based VoIP solutions provider, Obihai Technology.

The pending agreement demonstrates Polycom’s focus on expanding the availability of high-quality Polycom desktop phones to a broader range of customers and partners. The planned move also underscores Polycom’s commitment to the global network of service providers for VoIP solutions.

“The strategic acquisition of the Obihai team and its software platform allows Polycom to surge forward on our strategy to deliver the best and most human-to-human experience in our audio and video solutions,” said Mary McDowell, Polycom CEO. “Looking ahead to 2018 and beyond, the addition of Obihai will immediately open new markets and revenue opportunities for Polycom.  The combined development team will enable Polycom to bring our great products to customers faster.”

“Polycom is a proven leader for delivering products with outstanding audio quality and universal interoperability in the open-standard SIP market for VoIP endpoints. When combined with Polycom, Obihai’s product and cloud-services engineering expertise will be a powerful advantage for Polycom’s partners and their customers in an increasingly competitive market,” said Jan Fandrianto, Obihai Founder and CEO.

After completion of the deal, Polycom expects to add more cloud-based capabilities and Analog Terminal Adapter solutions to its solutions portfolio.

The deal is expected to close early in first quarter of this year.