Both boards have recommended shareholders accept the $US11.75 per share offer.
The acquisition seems to be a good fit. SpectraLink is very well established in the wireless IP telephony market, and its customer base includes important sectors such as retail, hospitality and healthcare.
For its part, Polycom is strong in voice, video and data collaboration systems for desktops and meeting rooms.
Last month, Polycom acquired telepresence solutions company Destiny Conferencing, and in October 2006 it unveiled a "business quality" Skype-compatible conference phone.
Polycom to acquire SpectraLink
VoIP over Wireless specialist SpectraLink is set to be acquired by unified collaborative communications company Polycom for $US220 million, net of cash and debt.
RECRUITMENT & RETENTION REPORT 2013
HIRE OR FIRE? BUY OR BUILD2013 is well underway and Australian companies need to know whether they should invest in IT skills training or pay a premium for the people they need.
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Stephen Withers
Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences, a PhD in Industrial and Business Studies, and is a senior member of the Australian Computer Society.
