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Polycom plans to bolster its cloud-based capabilities and extend its analogue terminal adapter solutions following the acquisition of US-based VoIP audio solutions company Obihai Technology.
"Looking ahead to 2018 and beyond, the addition of Obihai will immediately open new markets and revenue opportunities for Polycom," said Mary McDowell, Polycom CEO.
"The acquisition of the Obihai team and its software platform allows Polycom to push forward on its strategy to deliver human-to-human experiences in our audio and video solutions."
McDowell also noted that the deal will expand the markets available to Polycom solutions for its global network of channel partners.
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