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Fremont: California-based unified collaborations solution provider Polycom, has acquired has acquired ViVu, a privately-held video collaboration software company founded by Sudha Valluri. The acquisition will reinforce Polycom's software strategy and is expected to be a key enabler for Ploycom to continue providing customers with high quality and scalable video collaboration solutions across a wide range of business, video, and social networking applications. Polycom expects the transaction to be neutral to earnings.
Founded in 2008 by startup veterans from Cisco, Alcatel-Lucent and a team of IIT graduates, ViVu video collaboration software is embedded into a number of enterprise applications like TIBCO and Thomson Reuters. Though the company has only 25 employees, it announced a plug-in, that add multipoint video-conferencing for as many as eight users on Skype. ViVu's software enables instant video collaboration in any web-based enterprise, and is device independent.
Sudha Valluru, founder and CEO, ViVu, feels that the power of video collaboration will increase productivity and improve communications and collaboration.
Founded in 1990, Polycom is the global leader in standards-based unified communications (UC) for telepresence, video, and voice which are powered by the Polycom RealPresence platform, which integrates with a broad range of business, mobile and social applications and devices. Thus, to start with, Polycon will continue ViVu's business model--selling its software to customers, and letting them operate it under their names--and later integrate the technology into RealPresence.
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