Polycom To Acquire Spectralink Corporation - AvNetwork.com

Polycom To Acquire Spectralink Corporation

Publish date:

PLEASANTON, CA--Polycom and SpectraLink Corp. announced that they have signed a definitive agreement under which Polycom will acquire SpectraLink.

Under the terms of the agreement, Polycom will commence a cash tender offer to purchase all of the outstanding shares of SpectraLink for $11.75 per share. This represents an enterprise value of approximately $220 million, which is net of existing cash and debt. The acquisition, which has been approved by the boards of directors of both companies, is also subject to a number of customary closing conditions, including obtaining applicable regulatory approvals. The board of directors of SpectraLink has unanimously recommended that the stockholders of SpectraLink accept the offer. Polycom expects to commence the tender promptly, and the acquisition is expected to close in the second quarter of calendar year 2007. Excluding non-recurring acquisition related expenses and non-cash charges, Polycom expects the acquisition to be slightly accretive in 2007.

SpectraLink www.spectralink.com


Mitel to Acquire Polycom promo image

Mitel to Acquire Polycom

Mitel and Polycom have entered into a definitive merger agreement in which Mitel will acquire all of the outstanding shares of Polycom common stock in a cash and stock transaction valued at approximately $1.96 billion.

Polycom Acquires Accordent Technologies promo image

Polycom Acquires Accordent Technologies

Pleasanton, CA-- Polycom has acquired Accordent Technologies, a provider of video content management and delivery solutions, for approximately $50 million in cash. Polycom expects this acquisition to be neutral to earnings in 2011 and slightly accretive to earnings in 2012. The acquisition will allow the companies t

Polycom Acquires ViVu

Pleasanton, CA-- Polycom has announced the acquisition of ViVu , a privately- held video collaboration software company. ViVu has developed video collaboration software that can be embedded into web applications such as enterprise, social, and vertical industry applications to enable instant web-based HD video col

Mayville Products Corporation Acquires EMI Security Products

Mayville Products Corporation formally announces the acquisition of the EMI Security Products business from APW Ltd. On March 9, 2007, Mayville Products Corporation concluded the transaction and began manufacturing the EMI Security Products and fully supporting the EMI brand name.