When Polycom, one of the best-known names in video conferencing and telepresence, warned of weak quarterly earnings yesterday, it raised a red flag for The VAR Guy. Has Polycom (NASDAQ: PLCM) hit a temporary bump, or is there a bigger industry issue here involving soft demand for video conferencing and telepresence solutions?
Polycom (NASDAQ: PLCM) will combine its RealPresence videoconferencing platform with AT&T’s (NYSE: T) Business Exchange telepresence solution and other services in a strategic accord between the two companies to deliver a higher grade of business-centric, cloud-based video meetings and collaborations.
Video is well on its way to becoming a universal presence not only in the IT marketplace and
Video conferencing is fast becoming a popular tool for communications among a growing number of businesses. But few want to invest the money in deploying the hardware necessary to make enterprise-class video conferencing and collaboration.
Polycom (NASDAQ: PLCM) has acquired Sentri, a Westborough, Mass.-based IT services specialist supporting Microsoft (NASDAQ: MSFT) solutions such as Lync, SharePoint and Office 365, in a purchase the video collaboration vendor believes will help grow its services business and tighten its ties to Redmond.
Polycom did not specify the exact purchase price for Sentri, saying only that the transaction,
Written by: Peter Dinham | Published in: MarketUnified Communications and Collaboration vendor, Polycom, has introduced to the market a series of new financing options that it says puts comprehensive, tailored UC&C solutions within reach of more customers. At the same time, Polycom also released a range of financing options for its channel partners.