**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q4 2013.**
Salt Lake City, Utah-based ClearOne is buying Spontania, a software-based cloud collaboration solution that it says combines the benefits of video conferencing and Web conferencing into an enterprise solution that can scale to tens of thousands of users.
ClearOne is buying Spontania from Dialcom Networks, a Spanish company, for approximately $5 million. ClearOne says the acquisition makes it the only company to offer an entirely software-based video conferencing product line that provides on-premise and cloud-based SaaS and PaaS. Spontania complements ClearOne’s premise-based, enterprise video conferencing offering, COLLABORATE.
“This acquisition will position ClearOne to address a broad range of needs in the rapidly growing desktop and mobile video communications markets,” said Zee Hakimoglu, chairman and CEO of ClearOne. “ClearOne can now offer its partners and end users a clear choice between public cloud, private cloud and on-premise solutions for video collaboration, along with our … voice solutions.”
ClearOne will pay for the acquisition with available cash and will not assume any debt or cash. It’s expected to close by the end of the first quarter.
The company sells through channel partners.
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October 23 2018 @ 17:53:03 UTC