IPO, Mergers and Acquisitions Activities
In March 2000, Radvision went public on NASDAQ (RVSN) and successfully raised $76 million, with a valuation of $380 million.[22] Its shares were traded on both the NASDAQ and Tel Aviv Stock Exchanges until June 2012. In early 2001, Gadi Tamari took over from Ami Amir, and starting from January 2006, Boaz Raviv assumed the role of CEO until the company was acquired by AVAYA in June 2012.[23]
Radvision also expanded its activities through mergers and acquisitions. In 2004, they acquired Visionex, a Chinese company, along with its IView management platform. This acquisition strengthened Radvision's presence in the video conferencing market, particularly in the field of management solutions.[24]
In 2005, Radvision acquired FVC.com,[25] a company specializing in video conferencing, along with their software product Click to Meet (formerly CU-SeeMe).[26] This acquisition enhanced Radvision's product range and enabled them to offer more comprehensive solutions for workstations.
In 2009, a significant acquisition occurred when Cisco acquired Radvision's competitor, Tandberg, for approximately $3.3 billion.[27] This acquisition had a significant impact on the video conferencing industry and opened new opportunities for Radvision by strengthening its own brand position in the global market.[28]
In 2010, Radvision continued its acquisition strategy by purchasing the assets of the Italian company AETHRA.[29] This acquisition allowed Radvision to expand its product portfolio by adding high-quality video conferencing room systems. It further strengthened their market position and enabled them to meet customer needs with a more comprehensive SCOPIA offering.
Finally, in 2012, Radvision was acquired by Avaya,[30] a company specializing in enterprise unified collaboration.[31]
