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Polycom acquires Obihai Technology

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Polycom

Polycom has announced the signing of a merger agreement to acquire Obihai Technology; a San Jose-based innovator in VoIP audio solutions.

The pending agreement shows Polycom’s focus on expanding the availability of high-quality Polycom desktop phones to a broader range of customers and partners. The move also emphasises Polycom’s commitment to the global network of service providers for VoIP solutions.

“The strategic acquisition of the Obihai team and its software platform allows Polycom to surge forward on our strategy to deliver the best and most human-to-human experience in our audio and video solutions,” says Polycom chief executive Mary McDowell.

“Looking ahead to 2018 and beyond, the addition of Obihai will immediately open new markets and revenue opportunities for Polycom. The combined development team will enable Polycom to bring our great products to customers faster.”

“Polycom is a proven leader for delivering products with outstanding audio quality and universal interoperability in the open-standard SIP market for VoIP endpoints. When combined with Polycom, Obihai’s product and cloud-services engineering expertise will be a powerful advantage for Polycom’s partners and their customers in an increasingly competitive market,” says Obihai founder and chief executive Jan Fandrianto.

After completion of the deal, Polycom expects to add more cloud-based capabilities and Analog Terminal Adapter solutions to its portfolio. The combination is expected to expand the markets available to Polycom solutions for both the company and its partners.

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