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Mitel Forums => Introduction and Announcements => Topic started by: ralph on July 08, 2016, 01:36:17 PM

Title: The Mitel - Polycom Deal is Dead
Post by: ralph on July 08, 2016, 01:36:17 PM
Some else made a better offer to buy Polycom for $2Billion US.
Polycom will now pay $60Million US to terminate the deal that was already agreed to.

Here's the announcement from Mitel.
http://investor.mitel.com/releasedetail.cfm?ReleaseID=978685 (http://investor.mitel.com/releasedetail.cfm?ReleaseID=978685)

I believe the original deal was pushed for by a Major Mitel stock holder.
I was never quite sure if I liked the arrangement.  Something just didn't ~feel~ right (even though I've no idea what it was).

In any case, the deal is now over.

Ralph



Title: Re: The Mitel - Polycom Deal is Dead
Post by: acejavelin on July 09, 2016, 07:56:53 AM


Some else made a better offer to buy Polycom for $2Billion US.
Polycom will now pay $60Million US to terminate the deal that was already agreed to.

Here's the announcement from Mitel.
http://investor.mitel.com/releasedetail.cfm?ReleaseID=978685 (http://investor.mitel.com/releasedetail.cfm?ReleaseID=978685)

I believe the original deal was pushed for by a Major Mitel stock holder.
I was never quite sure if I liked the arrangement.  Something just didn't ~feel~ right (even though I've no idea what it was).

In any case, the deal is now over.

Ralph

So... Who is buying Polycom, any idea? Too bad, I really like Polycom devices and would much rather see them "in the family" rather than Aastra...

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Title: Re: The Mitel - Polycom Deal is Dead
Post by: ralph on July 09, 2016, 10:10:30 AM
Quote
So... Who is buying Polycom, any idea?

An investment group called Siris.
I don't know anything about them.

Ralph
Title: Re: The Mitel - Polycom Deal is Dead
Post by: nintendo1889 on July 11, 2016, 01:55:12 PM
Yes, I'd rather use the speaker on a PolyCom desk phone on my diy home asterisk system than the headset or the headphone jack on any other generic sip phone. Just love the sound quality.

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Title: Re: The Mitel - Polycom Deal is Dead
Post by: irongladiator on July 12, 2016, 01:59:00 PM
Yep, great devices and their sound quality I had always thought was great! Though Polycom's documentation left a lot to be desired. (Try reading up on how to do firmware updates - for those who have never done one) Hope the new company will keep up such a great product though!

Having stated earlier about having to do an upgrade, I thought I'd share a link to a document I created for my fellow colleagues on one way how to, "Upgrade Polycom Firmware". http://mitelforums.com/forum/index.php?topic=8661.0 (http://mitelforums.com/forum/index.php?topic=8661.0)

Thanks,
-Iron
Title: Re: The Mitel - Polycom Deal is Dead
Post by: johnp on July 12, 2016, 06:12:06 PM
Agree that Polycomm documenation sucks. Used to having to make a change, save and reboot before doing another for changes to stick.
Title: Re: The Mitel - Polycom Deal is Dead
Post by: lundah on July 13, 2016, 06:15:41 AM
Agree that Polycomm documenation sucks. Used to having to make a change, save and reboot before doing another for changes to stick.

Frankly Mitel's documentation isn't all that great either. Way too often I find myself still running back to the SX-2000 manuals or I learn stuff from tech support that really should be documented.