Polycom Acquires ASPI Digital, Expanding Its Solutions for Custom-Room Environments; Acquisition Adds Installed Room Voice Conferencing Systems to Polycom's Industry-Leading Line of Communication Solutions.MILPITAS, Calif. -- Polycom(R), Inc. , a worldwide leader in the convergence of interactive voice, video and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , today announced that it has acquired, for a purchase price of approximately $5 million, Atlanta-based Atlanta Signal Processors, Inc. (ASPI (Advanced SCSI Programming Interface) An interface specification developed by Adaptec, Inc., Milpitas, CA, that provides a common language between drivers and SCSI host adapters. Digital), a leading manufacturer of products for the installed voice systems market. The acquisition will add to Polycom's existing table-top voice solutions to include custom-room environments and large conference areas.
"The acquisition of ASPI Digital enables Polycom to now offer a complete solution for custom-room environments, integrating industry-leading voice and video systems," said Bob Hagerty, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Polycom. "We plan to leverage the strong technology synergies between our high-end video communications products and ASPI's high-quality installed room voice systems to provide an ideal solution for applications such corporate board rooms, executive centers and distance learning environments."
ASPI Digital provides a range of voice products for the installed voice and video conferencing See videoconferencing.
(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. markets. These products incorporate innovative technologies such as noise cancellation (1) The elimination of unwanted signals in an electronic circuit. See noise and dynamic noise reduction.
(2) The elimination of unwanted noise in the environment using noise cancelling headphones. , multi-channel acoustic echo cancellation The elimination of an echo in a two-way voice transmission. Echo is created in the telephone company's central office switch when two-wire lines from the customer are converted to four-wire lines for backbone trunks. and automatic microphone mixing for larger conferencing applications that will complement Polycom's industry leading Acoustic Clarity Technology(TM).
"The innovative technology in ASPI's products, such as wideband acoustic echo and noise cancellation, extends Polycom's leadership in providing high-end voice solutions to our large customers," said Sunil Bhalla, senior vice president and general manager of voice communications for Polycom. "The Vortex(R)EF 2280 is an all-in-one voice conferencing solution with industry-leading voice processing capabilities that will enable users to access the best voice quality in large conference rooms and boardrooms."
The addition of installed-room voice systems completes Polycom's end-to-end solution for custom-room environments, which include voice and video systems, directories, call processing In telecommunication, the term call processing has the following meanings:
"Polycom's reputation in voice quality and its global channel network will help to expand the market reach of our installed room systems," said Craig Richardson, CEO of ASPI Digital. "We look forward to incorporating our technology as part of The Polycom Office(TM) solution and expanding the capabilities of installed room systems with closer integration to video communications and voice over IP."
ASPI Digital's product development and marketing teams will remain based in Atlanta and will continue working with and supporting existing partners.
Polycom, Inc. develops, manufactures and markets a full range of high-quality, easy-to-use and affordable voice and video communication endpoints, video management software, multi-network gateways, and multi-point conferencing and network access solutions. Its fully integrated end-to-end solution, The Polycom Office(TM), is supported by the Polycom Accelerated Communications Architecture, and enables business users to immediately realize the benefits of integrated video, voice and data over rapidly growing converged networks. For additional information, call 1-800-POLYCOM (765-9266) or +1-408-526-9000, or visit the Polycom web site at http://www.polycom.com/.
NOTE: Polycom and the Polycom logo are registered trademarks and Acoustic Clarity Technology and The Polycom Office are trademarks of Polycom in the U.S. and various countries.
Vortex EF 2280 is registered trademark of ASPI Digital.
This release contains forward-looking statements. These statements are subject to many risks and uncertainties, including the potential fluctuations in results and future growth rates Growth Rates
The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.
Remember, historically high growth rates don't always mean a high rate of growth looking into the future. , the market acceptance of the company's products, possible delays in the development and shipment of new products and risks associated with changes in general economic conditions. Further risks are detailed from time to time in Polycom's SEC reports, including the Form 10-K, for 2001, and subsequent Form 10-Q filings.
MAKE YOUR OPINION COUNT - Click Here
Contact: Kevin Young of Polycom, Inc., +1-408-474-2826, or firstname.lastname@example.org; or Jennie McCann of Porter Novelli, +1-415-975-3328, or email@example.com, for Polycom, Inc.