LifeSize, headquartered in Austin is a provider of high-definition video collaboration. Founded in the the year 2003 the company was acquired by Logitech (SIX: LOGN NASDAQ: LOGI) in 2009.
Video Evolution with Devices Converging
Over the past half a decade, India has evolved into a key market for video in the APAC. One of the biggest reasons for that is the growing broadband industry, which has given us a huge boost in further penetrating into the enterprise and SMB segments. The other factor driving the adoption of video is mobility. With the launch of 3G services and mobile video, a lot of enterprises are looking to avail video on smartphones and tablets. India is at the cusp of a revolution with technology platforms emerging to deliver high speed services. 4G is on the way and, with voice traffic stabilizing, data related services are becoming a core focus area for telecom service providers and that's good news for video.