Polycom to Acquire Obihai Technology

Today, Polycom announced the signing of an agreement to acquire Obihai Technology, Inc., a San Jose-based innovator in VoIP audio solutions.

Obihai Technology develops software and hardware for VoIP endpoints. The strategic addition of its software and development team allows Polycom to compete more effectively in the global voice market and broadens Polycom’s portfolio to include complementary technologies for the service providers and customers of all sizes.

After completion of the deal, Polycom expects to add more cloud-based capabilities and analog terminal adapter solutions to its solutions portfolio.

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

Polycom is here and Obihai is here.