Enghouse bags video software player Vidyo
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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