PxPixel
Logitech to Acquire LifeSize Communications - AvNetwork.com

Logitech to Acquire LifeSize Communications

Author:
Publish date:

Logitech International has agreed to acquire privately held LifeSize Communications of Austin, Texas for $405 million in cash. LifeSize is a global leader in high definition (HD) video communication solutions, with more than 9,000 video conferencing customers across 80 countries in large enterprises, small-to-medium businesses (SMBs) and public healthcare, education and government organizations.

“We expect this acquisition to enable Logitech to extend our leadership in video communication beyond the desktop,” said Gerald P. Quindlen, Logitech president and chief executive officer. “Together we can make life-like, HD-quality video communication as mainstream and seamless as a telephone, for meeting participants in the boardroom, at their office desk, in a remote-location meeting room, telecommuting from home or on the go with a laptop.”

“LifeSize was founded on the vision of providing life-like visual-communication solutions to change the way the world communicates,” said Craig Malloy, LifeSize co-founder and chief executive officer. “We believe that together with Logitech, we can realize that vision for all enterprises – private and public – and small and medium businesses. Our combined proven innovation can accelerate mainstream adoption of video communication by anyone, anywhere.”

Logitech and LifeSize plan to pursue existing and new relationships with unified communications, collaboration and VoIP industry partners and competitors to drive the development of an open eco-system for interoperable video communication.

Logitech and LifeSize also expect to further video communication growth by leveraging their combined technology expertise as well as Logitech’s world-class manufacturing and supply chain operations, extensive R&D, expertise in user experience and globally recognized brand.

Related

Jenne Bundles LifeSize and Revolabs for Videoconferencing

Jenne, Inc., a value-added distributor of IP telephony, audio and video conferencing, unified communications, data networking and IT security products, is bundling videoconferencing solutions from two of its key unified communications manufacturer partners, LifeSize and Revolabs.

AVI-SPL Acquires Iformata Communications

Tampa, FL-- AVI-SPL has announced the acquisition of Iformata Communications LLC , a leading provider of video managed services. This acquisition includes the Iformata Video Network Operations Center (VNOC) business and the VNOC Symphony management platform.   "In 2009 we set forth on an initiative to grow our vi

HME Acquires Clear-Com Communication Systems

POWAY, CA--HM Electronics Inc. (HME), announces a definitive agreement to acquire Clear-Com Communication Systems, a business unit of The Vitec Group plc. a leading provider of mission-critical voice communication systems for broadcast, live performance, military, federal government and professional audio markets. Cle