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Siris Capital to buy Polycom for $2B in cash, Polycom cancels its $1.96B Mitel merger
Here’s an interesting twist in one of the bigger enterprise acquisition stories of 2016. After Mitel earlier this year announced that it would acquire Polycom for $1.96 billion and consolidate the two companies’ enterprise communication businesses, today private equity firm Siris Capital has come in with a higher offer: it has agreed to acquire Polycom for $2 billion in cash and… Read More
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Mitel buys Polycom for $1.96B in enterprise communications consolidation play
As more enterprises move their communications services over to IP networks and cloud-based services, we’re seeing an increasing amount of consolidation as the businesses that serve them continue to grow to provide end-to-end services — and to shore up against smaller, newer and less expensive offerings from the likes of Slack, Skype, Google Hangouts and more. Today comes that… Read More
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Slack Is Just The Tip Of The Iceberg For Enterprise Tech
Slack’s valuation soared to $2.8 billion in less than two years, and has doubled in the past six months alone — all without any big marketing campaigns. The startup’s adoption curve and rave reviews are something many founders and investors dream about, but few actually achieve. Read More
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