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Enghouse bags video software player Vidyo

4 months ago by Lucy Cinder

Enghouse bags video software player Vidyo

unified communication news

Enghouse Systems has bagged US video software player Vidyo in a circa $40m deal, adding $60m revenues.

Vidyo's infrastructure software platform incorporates patented video routing, management and interoperability technologies delivered in the cloud, on-premise or as a hybrid solution.

The company focuses on select vertical markets, particularly healthcare and financial institutions. 

"Vidyo's real-time video collaboration solutions extend our enterprise product offering into media and content," said Steve Sadler, Chairman and CEO of Enghouse. 

Vidyo Chairman and CEO Michael Patsalos-Fox added: "Enghouse gives us the opportunity to amplify our product innovation, service and support."

Source: commsdealer

Industry: Unified communication news

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