Some fairly interesting news this week in the enterprise space, but it's
news that could easily bleed over and make an impact on consumers in
the near future. Polycom has announced that they will be acquiring HP's
Visual Collaboration Business while also becoming an "exclusive partner"
to HP for their teleprescence needs, not to mention certain video
unified communications needs.
You may have been oblivious to the fact that HP even owned a
videoconferencing unit, but either way, Polycom will reportedly pay $89
million for that segment of the company. That's a straight cash buy,
with reports suggesting that the purchase was made in an effort to guard
from Cisco's attack on market share. Polycom stands to lose a lot in
this realm; Cisco obviously is a huge player by themselves, and with
Microsoft buying Skype, it's safe to say they won't be looking
externally for their videoconferencing needs.
This deal will enable HP and Polycom to expand their offerings, while
allowing HP to focus on more core offerings. We couldn't be happier to
see HP moving to more "core offerings," so if Polycom needs to lift off
this segment, we're all for it.