Polycom, a provider of unified communications (UC), has acquired Accordent Technologies, a provider of video content management and delivery offerings, for approximately $50m.
Through this all cash deal, Polycom is expected to strengthen its position in the Video Content Management and Delivery market by integrating its open standards UC Intelligent Core and UC endpoints with Accordent’s open standards video content management offering.
The Accordent offering provides capture offerings for all major video use cases, whether delivering highly scalable live webcasts from the studio, providing automated rich media webcasting from the meeting or classroom, adding a streaming extension to video conferences or enabling user-generated content from the desktop, said the company.
Polycom chief development officer Sudhakar Ramakrishna said the company believes Accordent has the most elegant video content management offering on the market and by leveraging customer, channel, partner and product synergies with Polycom, the transaction positions Polycom at the forefront of end-to-end video and content management.
Polycom said that the Accordent’s software-centric offering will become an integral element of the Polycom UC Intelligent Core and will be reported with Polycom’s Network Infrastructure revenues.
