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CRN Exclusive: Polycom Exec On Mitel, The Benefits Of Going Private, And Making The Right Investments For Partners

Polycom's Nick Tidd says the acquisition by Siris Capital will give the video collaboration specialist the 'ability to change the rules of the game" to benefit channel partners and spur innovation.

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Going Private

In a surprising turn of events last month, Polycom terminated its Mitel merger and instead opted to be acquired by Siris Capital Group with plans to take Polycom private. The $2 billion acquisition, expected to close in the third quarter of this year, will give the San Jose, Calif.-based video collaboration specialist the "ability to change the rules of the game" to benefit channel partners and spur innovation, said Polycom channel leader Nick Tidd.

"This is a tremendous opportunity for us to make the investments we need to [solve] some of the behavior in the past that was challenging to our partners," said Tidd, vice president of Polycom's Global Partner Organization, in an interview with CRN.

Tidd weighed in on the termination of the Mitel merger, Siris' channel-friendly history and potential technology partnership opportunities stemming from the acquisition.

 
 
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