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Radvision

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RADVISION
Company typePrivate
IndustryVideoconferencing, Teleconferencing, Collaboration
Founded1992; 32 years ago (1992)
Headquarters211 Mt. Airy Road, Basking Ridge, NJ 07920 USA
Key people
Boaz Raviv
ProductsVideoconference systems and infrastructures, VoIP developer solutions
RevenueIncrease$78 million USD (2011)
OwnerSpirent
Number of employees
430
Websitewww.radvision.com

Radvision was a provider of video conferencing and telepresence technologies over IP and wireless networks based in Tel Aviv, Israel. It offered development and test suites for voice and video over IP communications.[citation needed] Radvision was acquired by Avaya in June 2012. Spirent Communications acquired Radvision's Technology Business Unit from Avaya in July 2014, to become Spirent Developer Tools Business Unit[1]. In July 2017, Spirent Developer Tools BU was spun off into a private company called Softil Ltd[2].

History

Radvision was founded by Ami Amir in 1992. In December 2011, it was reported that Radvision would be acquired by Avaya for $200 million.[3] In March 2012 Avaya entered into an agreement to acquire the company for $230 million.[4] Its shares were traded on both the NASDAQ and Tel Aviv Stock Exchanges until June 2012. The company had offices and development centers throughout America, Europe and Asia Pacific.

See also

References

  1. ^ "Spirent Agrees To Acquire Radvision's Technology Business Unit". Avaya. Retrieved 2017-08-25.
  2. ^ 4-traders. "Spirent Communications : Management Buyout of World's Leading IP Communications Enabler; New owner of award-winning IP Communications enabling technologies vendor Softil, previously known as the RADVISION Technology Business Unit, believes communications solutions developers will benefit greatly from an agile and innovative partner | 4-Traders". Retrieved 2017-08-25.{{cite news}}: CS1 maint: numeric names: authors list (link)
  3. ^ Avaya in talks to acquire Radvision for $200m
  4. ^ Wrobel, Sharon (15 March 2012). "RadVision Jumps to Highest Since 2007 as Avaya Buys Company". Bloomberg Businessweek. Retrieved 16 March 2012.