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Avaya buys Radvision for $230 million

Avaya buys Radvision for $230 million

Avaya has purchased videoconferencing company Radvision for $230 million, the company announced today.

Avaya will integrate the videoconferencing capabilities of Radvision into its unified communications platform, it said.

SLIDESHOW: Top Tech M&A Deals of 2012 — So Far 

Avaya purchased Radvision for $11.85 per share. Radivision stock closed the day on Wednesday trading at $11.20.

Check back to Network World later today for more information.

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