The market for enterprise communications tools continues to heat up.
This week, France-based company Atos Origin announced it is acquiring Unify for $371 million ($340 Euro) to move into the enterprise unified communications market. For those not familiar with Atos, it is one of the larger European-based IT service companies.
I’m sure many of the readers of this site may not be familiar with Unify. About a year ago, Siemens Enterprise Network (SEN) sold off Enterasys to Extreme Networks, rebranded itself “Unify,” and simultaneously launched a new flagship product, Circuit. Unify is structured as a joint venture between its former owner, Siemens AG, and The Gores Group, with Siemens controlling 51% of the company. Adding to the complexity of the deal, Siemens actually owns a 12% stake in Atos.