Polycom to acquire VoIP innovator Obihai Technology

Polycom has signed a merger agreement which will lead to the acquisition of VoIP innovator Obihai Technology of San Jose, California.

Obihai Technology is a fast-growing developer of software and hardware

for VoIP endpoints and its acquisition will allow Polycom to compete more effectively in the global voice market and broaden its portfolio to include complementary technologies.

After completion of the deal, Polycom expects to add more cloud-based capabilities and Analog Terminal Adapter solutions to its solutions portfolio and this combination is expected to expand the markets available to Polycom solutions for the company and its channel partners.

“The strategic acquisition of the Obihai team and its software platform allows Polycom to surge forward on our strategy to deliver the best and most human-to-human experience in our audio and video solutions,” said Mary McDowell, Polycom ceo. “Looking ahead to 2018 and beyond, the addition of Obihai will immediately open new markets and revenue opportunities for Polycom. The combined development team will enable Polycom to bring our great products to customers faster.”

“Polycom is a proven leader for delivering products with outstanding audio quality and universal interoperability in the open-standard SIP market for VoIP endpoints. When combined with Polycom, Obihai’s product and cloud-services engineering expertise will be a powerful advantage for Polycom’s partners and their customers in an increasingly competitive market,” said Jan Fandrianto, Obihai founder and ceo.

The deal is expected to close early in first quarter of this year.