Radvision

Radvision was a provider of video conferencing solution and enabling products for IP communication developers based in Tel Aviv, Israel.[1][2] Radvision was acquired by Avaya in June 2012.[3] Spirent Communications acquired Radvision's Technology Business Unit from Avaya in July 2014, to become Spirent Developer Tools Business Unit.[4]

RADVISION
TypePublic
IndustryVideoconferencing, Teleconferencing,Collaboration, VOIP
Founded1992 (1992)
Headquarters211 Mt. Airy Road, Basking Ridge, NJ 07920 USA
Key people
Boaz Raviv CEO
ProductsScopia Videoconference systems, VoIP developerToolkits
RevenueIncrease$95,239 million USD (2010)
OwnerAVAYA & Softil
Number of employees
430

History

Radvision was founded by Ami Amir and Eli Doron in 1992. The startup's idea was to develop management platform for video calls that would work on the users' personal computer through the organization's network, however at that time there was no demand for such product and the company started selling its technology software toolkits to developers, who build and manufacture VoIP equipments.

In March 2000, Radvision did its IPO on the NASDAQ (RVSN) and raised 76 million dollars according to a market value of 380 million dollars.[5] At the end of 2005, Gadi Tamari replaced Ami Amir and Boaz Raviv was appointed as CEO starting in January 2006.[6]

At the beginning of 2001, the giant technology manufacturer Cisco launched a line of products for video conferencing that were based on Radvision technology. Since then and for about a decade, Cisco has been a significant customer of the company. In October 2009, Cisco acquired Radvision's competitor Tandberg for about $3 billion.[7] At that time, the revenues from Cisco were about 30%~40% of Redvision's revenue.[8]

Scopia

During this period Radvision acquired a Chinese company Visionex and its management platform called IView, FVC.com and its videoconference software product called Click to Meet[9] and in 2010 the assets of the Italian base company AETHRA[10] and its video room systems. Radvision completed its own offering of video conferencing with the flagship SCOPIA suite, and expanded its business despite the impact of Cisco acquired Radvision's competitor Tandberg.

In December 2011, it was reported that Radvision would be acquired by Avaya in order to compete Cisco in the video conferencing market and to integrate SCOPIA suite with Avaya's Aura UC solution.[11][12] In March 2012 Avaya entered into an agreement to acquire the company for $230 million.[13] Its shares were traded on both the NASDAQ and Tel Aviv Stock Exchanges until June 2012. The company had offices and development centers throughout America, Europe and Asia Pacific.

See also

References
  1. "Texas Instruments and RADVISION Team to Offer Fully Integrated Silicon and Software Solutions for IP Phones and Gateways". www.ti.com. Retrieved 2023-04-17.
  2. "Microsoft and RADVISION Sign Licensing Agreement to Provide Live Communications Server-Compatible SIP Toolkits". Stories. 2006-03-13. Retrieved 2023-04-17.
  3. "Avaya Completes Radvision Acquisition". investors.avaya.com. Retrieved 2023-04-17.
  4. "Spirent Agrees To Acquire Radvision's Technology Business Unit". investors.avaya.com. Retrieved 2023-04-17.
  5. By (2000-03-15). "RADVision, FairMarket Soar After IPOs". The New York Times. ISSN 0362-4331. Retrieved 2023-04-17.
  6. Shira, Horesh (10 November 2005). "Boaz Raviv to replace Gadi Tamari as Radvision CEO".
  7. "Cisco Completes TANDBERG Offer and Launches Compulsory Acquisition". newsroom.cisco.com. Retrieved 2023-04-17.
  8. Stienblatt, Ron (5 October 2009). "Radvision CEO: We'll recover from Cisco setback".
  9. FVC website Archived 15 October 2006 at the Wayback Machine
  10. Writer, CBR Staff (2010-02-02). "Radvision to acquire assets of Aethra". Tech Monitor. Retrieved 2023-04-16.
  11. Anderson, Jeffrey (2012-12-15). "Avaya Brings Radvision Video Capabilities to Aura UC Solutions". eWEEK. Retrieved 2023-04-19.
  12. "Avaya in talks to acquire Radvision for $200m - Globes". en.globes.co.il. 13 December 2011. Retrieved 31 March 2023.
  13. "Avaya Completes Radvision Acquisition". investors.avaya.com. Retrieved 2023-04-17.
  14. Davis, Andrew (2010-02-02). "One on One with RADVISION CEO Boaz Raviv" (PDF). WR Bulletin. V #11 03: 4–8.
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