Avaya Inc. has finalised the acquisition of Radvision.
The total transaction amount is $230 million and, as per the agreement, Radvision will operate as an indirect, wholly owned subsidiary of Avaya under the Radvision brand.
With the close of the acquisition, Avaya is poised to deliver video collaboration solutions. With the combined portfolio, Avaya offers ad-hoc desktop and mobile video capabilities and connects the separate islands of video for improved B2B and B2C communications.