Business VoIP Featured Article

Enghouse Augments Arsenal with Vidyo Acquisition

May 16, 2019

By Maurice Nagle, Web Editor

Mergers and acquisitions are commonplace to the digital age. A landscape of consolidation surrounds us, and the cloud takes center stage. From the c-suite, to the contact center and beyond, the cloud is making its presence felt in business communications, and providers are positioning to prosper in this time of transformation.

Enghouse Systems Limited announced the purchase of Vidyo, Inc. The enterprise-class video software solution provider garnered a $40 million price tag.  

"Vidyo's suite of real-time video collaboration solutions extends our enterprise product offering into media and content and is complementary with Enghouse's portfolio across all our business sectors," said Steve Sadler, Chairman & CEO of Enghouse. "We are very pleased to welcome Vidyo's customers, employees and partners to the Enghouse organization."

There are a few key points to take note of in the purchase, as now Enghouse gains access to Vidyo’s patented video routing, management and interoperability tech – the secret sauce to Vidyo’s ability to deliver secure, high-quality, scalable and reliable video communications. In addition, Vidyo also touts a broad API framework that enables enterprises to embed video communications in a rapid, effective and user-friendly manner. And, in adding Vidyo, Enghouse gains a greater foothold in healthcare and financial verticals.

"We're excited to join Enghouse because of the great product fit and our shared vision" said Michael Patsalos-Fox, Chairman and CEO of Vidyo. "Enghouse gives us the opportunity to amplify our product innovation, service, and support making this a great transaction for Vidyo's customers and partners."

Are your communications in the cloud, yet?

Edited by Maurice Nagle



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