Plantronics Pumps US$2 billion into Polycom in Open-Plan Office Smarts Pair Off
Subscribe To Read This Insight2Q 2018 | IN-5108
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NEWS |
Plantronics is acquiring Polycom for US$2 billion (US$948 million cash + US$690 million debt + US$362 million stock/equity) in exchange for a 16% stake in the combined entity (Polycom shareholders) and a joint pathway to annual run-rate cost synergies of US$75 million within 12 months of transaction close.
Polycom’s offerings primarily serve conference, desktop, video, and collaborative environments, while Plantronics brings a world-class suite of headsets (hardware), software, and soundscaping technologies to the table.
While the bigger vision is to accelerate and support a more elastic enterprise—one that is able to leverage powerful analytics, video, and audio touchpoints for new communication and collaboration experiences—a combined Plantronics/Polycom powerhouse is exactly what is needed to put solution sale conversations within reach.
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