Advanced Micro Devices-backed video networking software company ViVu has been acquired by Polycom for an undisclosed amount.
Unified communications company Polycom acquired US-based video conference software firm ViVu on Friday 14 October. The amount Polycom paid for ViVu was undisclosed.
Investors in ViVu include semiconductor company Advanced Micro Devices, and venture capital firms Inventus Capital Partners, Draper Fisher Jurvetson and Quest Venture Partners.
The acquistion will benefit Polycom directly in that it can incorporate ViVu’s high definition video networking software into its business, mobile, video and social networking software.
Sudhakar Ramakrishna, chief development officer of Polycom, said:…
