Back in December, we reported that Israeli-headquartered video-conferencing specialist, RadVision, was in advanced acquisition talks with global collaboration and communications giant, Avaya. While those talks have taken awhile to unfold, today Avaya officially inked the deal, agreeing to an acquisition of RadVision in which shareholders will receive $11.85 per share -- a deal worth some $230 million. The acquisition is subject to approval by RadVision shareholders, but the companies said they expect the deal to be final within 90 days.
Thursday, March 15, 2012
RadVision Finally Finds A Home With Telecom Giant Avaya ? For $230 Million
Back in December, we reported that Israeli-headquartered video-conferencing specialist, RadVision, was in advanced acquisition talks with global collaboration and communications giant, Avaya. While those talks have taken awhile to unfold, today Avaya officially inked the deal, agreeing to an acquisition of RadVision in which shareholders will receive $11.85 per share -- a deal worth some $230 million. The acquisition is subject to approval by RadVision shareholders, but the companies said they expect the deal to be final within 90 days.
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