Ever since I first covered Polycom (NASDAQ:PLCM) two years ago, I have speculated about consolidation in the sector. Videoconferencing has gained importance due to globalization, offshoring, the financial crisis and the attendant recession, and the need to save more in travel dollars. Now there is a flurry of acquisition activity and consolidation in video conferencing which
High definition (HD) videoconferencing and communications developer LifeSize was founded in 2003. The company is headquartered in Austin, Texas with subsidiaries in the Americas, EMEA, and APAC. The company provides high quality communication solutions for large enterprises, academia and mid-market enterprises.