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Polycom to Acquire PictureTel Corporation for Approximately $362 Million In Stock and Cash

Agreement to Enable Significant Expansion of Video Communications Industry MILPITAS, Calif. and ANDOVER, Mass., May 24 /PRNewswire– Polycom®, Inc., a worldwide leader in broadband communications solutions, and PictureTel Corporation , a worldwide leader in integrated collaboration, today announced an agreement under which Polycom will acquire PictureTel. Under the terms of the agreement, Polycom will commence an offer to purchase all of the outstanding shares of PictureTel for a combination of 0.1177 shares of Polycom common stock and $3.11 in cash to be exchanged for each share of PictureTel. In total, approximately 6.7 million shares of Polycom common stock and $176 million in …

May 24, 2015
IVCi Celebrates 20 Years in Business

HAUPPAUGE, NY – May 5th, 2015 – IVCi, LLC (www.ivci.com) a leading provider of collaboration services and solutions, proudly announced today it has reached a significant milestone as a service provider: its 20th anniversary in the collaboration marketspace. IVCi attributes its success to four key factors: 1.    Customers. In 1995, IVCi incorporated as a company with a mission to bring video conferencing to workers in large and small enterprises. As the company grew, it developed an unrivaled level of expertise designing, installing and servicing collaboration spaces. IVCi’s knowledge combined with its commitment to providing superior customer service resulted in long-term client relationships. “We …

May 5, 2015
IVCi Achieves Gold Rating from STEP, Sustainable Technology Environments Program

IVCi Designs First-of-Its-Kind Cisco TelePresence Lecture Hall for Duke University, achieving a Gold Rating from STEP. Hauppauge, NY – January 15, 2015 – IVCi, LLC (www.ivci.com), a leading provider of collaboration services and solutions, today announced its accomplishment of a gold level rating with STEP, Sustainable Technology Environments Program. STEP, a nonprofit organization, focuses on providing a system for technology providers as a guide for the planning and implementation of sustainable practices in their technology projects.  Unlike most green building rating system codes, STEP addresses the sustainable planning, design, integration and operation of low-voltage building and communication technologies. IVCi entered the STEP program with the …

January 15, 2015
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