Telstra has bought video conferencing and collaboration services provider, iVision, to futher grow its IP video services.
Telstra CEO, David Thodey, said the acquisition would strengthen Telstra's network-based services.
The company's expertise in video will be enhanced by iVision's design, deployment and advanced monitoring capabilities.
Telstra claims the purchase of iVision makes it the number one provider of video conferencing services in Australia.
The acquisition will boost Telstra's capability across multiple video conferencing products and platforms, allowing it to rapidly design and rollout video-conferencing solutions.
iVision managing director and owner, Graham Williams, will continue to lead the business.
“This is a fantastic opportunity for iVision, our customers, and staff to capitalise on the growth potential in the Australian video conferencing market. The combination of iVision and Telstra will create a network-based, end to end video conferencing provider with customer centric capabilities unparalleled in the Australian market,” Williams said in a statement.
More to follow.