Polycom (Nasdaq: PLCM) will be providing its RealPresence solutions and an enterprise video collaboration network for 75,000 globally located employees of India-based Essar Group, The Economic Times reported. Essar Group is deploying Polycom in its head office in Mahalaxmi and three other offices in Mumbai which will then be connected…
Polycom demos Avaya-ready RealPresence at IAUG confab
Unified communications solutions provider Polycom Inc. (Nasdaq: PLCM) will showcase its end-to-end video and voice collaboration solutions this week at the International Avaya Users Group (IAUG) Global Education Conference in Boston. Polycom announced it will demonstrate its … View full post on National Cyber Security
Polycom sells handset unit for $110M, adds to stock buyback plan
Videoconferencing vendor Polycom (Nasdaq: PLCM) is selling its enterprise handset business to an affiliate of private equity firm Sun Capital Partners for $110 million in cash. It plans to use most of the cash to increase its stock-buyback program. As a result of the sale, the business generated about $94…