Welcome, visitor! [ Register | Login

Mitel’s acquisition of Polycom has game-changing potential in UC market

VoIP News June 3, 2016

After months of speculation, Mitel finally pulled the trigger on acquiring Polycom for $ 1.96 billion.

Competing in the unified communications (UC) market means having to butt heads with not just one, but two 800-pound gorillas named Cisco and Microsoft. The combined “MiPolycom” will be a much bigger, stronger, $ 2.5 billion revenue company—much more capable of competing with the big boys.

Mitel’s acquisition of Polycom is a bit of an unusual situation. Polycom is bigger than Mitel in both revenue and market cap, but Mitel was able to secure a $ 1.05 billion loan from Bank of America and Merrill Lynch to complete the deal. Under the terms of the agreement, Polycom will continue to run as a separate business unit under Mitel and will retain its brand. Rich McBee, Mitel’s CEO, will be the CEO of the combined organization, which will be headquartered in Ottawa, Canada.

To read this article in full or to leave a comment, please click here

Network World Unified Communications/VoIP

238 total views, 0 today

  • by on March 3, 2015 - 0 Comments


  • Polycom RealConnect makes multi-vendor videoconferencing easy

    by on June 7, 2016 - 0 Comments

    Videoconferencing and the enterprise have had a good old love-hate relationship over the past few decades. It’s kind of like what’s happening with Tom Brady and the NFL. Both know they’re better off with each other, but there’s so much historical pain that it’s hard to move on and give each other another shot. Enterprise […]

  • news demo

    by on January 18, 2016 - 0 Comments

    news demo

  • Need NCLI Capacity>Albania-Tunisia-Niger-Gambia-Algeria

    by on May 23, 2016 - 0 Comments

    Dear Respective Partner, Greetings from Telex California LLC Urgently Need Following NON CLI Capacity for Daily Live Traffic. Albania / Azerbaijan / Indonesia / Pakistan / Bangladesh / Nigeria / Egypt / Turkey / Iran / Sudan South Sudan / Algeria / Afghanistan / Morocco / Iraq / Malaysia / Saudi Arabia / Uzbekistan Yemen […]

  • UC in the Cloud – Panacea or placebo?

    by on May 27, 2016 - 0 Comments

    This vendor-written tech primer has been edited by Network World to eliminate product promotion, but readers should note it will likely favor the submitter’s approach. The forecast for unified communications (UC) in the cloud seems bright with clear skies ahead. According to Transparency Market Research, UCaaS (Unified Communications as a Service) is expected to reach nearly $ 38 […]