Polycom Buys HP's Videoconference Segment For $89 Million

Polycom Buys HP's Videoconference Segment For $89 Million

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.
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I wonder if they will be making any of those cameras that automatically turn and focus on the person talking. My job was looking into purchasing one of those for a video conferencing needs. It makes sense for HP to spin off this type of business and simply license and make special deals with them when selling them off.

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@omegadraco - I'm not familiar with videoconferencing technology, but I like the idea of cameras automatically turning and focusing on the person talking. It would also be cool if the camera could zoom-in to the person talking, especially when that person is giving a long speech and then zoom-out after he finishes.

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That thing looks like something that belongs in an adult toy store :P

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Hey Omegas :P lol, Don't we already have those type of cameras? it will just need to be integrated into the system :)

And animatortom, you naughty naughty :P

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Haha good one animator :)

@inspector yes I was referring to a camera design that already exists I was mearly curious if this new deal will be producing any of them.

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@omegadraco - Yes, the HP technology enables that type of functionality (auto-focus on the person who's talking). I'm an HP employee and have experienced it myself... works great!

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Thanks TArnold I will be looking for these cameras soon :) We are running Microsoft Lync at work and are looking at having some meetings through video conferencing

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