Posted on Friday, July 09 2010 @ 3:30 CEST by Thomas De Maesschalck
Logitech announced the acquisition of Paradial, a provider of firewall and NAT traversal technology solutions.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced the acquisition of the assets of Paradial AS, a Norway-based leading provider of firewall and NAT (network address translation) traversal solutions for video communication.
Paradial’s technology addresses one of the most significant barriers to the widespread adoption of Internet-based video communication: challenges encountered when calling across protected networks. Traversing any firewall while maintaining a high level of security, the Paradial technology enables seamless video calling between people inside the walls of an enterprise and those inside other enterprises, in remote offices or telecommuting. While Logitech is already offering Paradial technology to LifeSize customers through an OEM agreement, the acquisition allows the company to closely integrate firewall and NAT traversal across its video communication product portfolio, enabling reliable, high-quality end-to-end HD video calling over highly protected networks.
“With the acquisition of Paradial, Logitech is taking another step toward delivering on our vision to bring seamless HD video communication to anyone, anywhere,” said Gerald P. Quindlen, Logitech president and chief executive officer. “By integrating Paradial’s technology into our future product portfolio, Logitech is uniquely positioned to deliver a complete and intuitive HD video conferencing experience for companies of any size.”
Most of Paradial’s employees, including founders, will be part of Logitech’s LifeSize division.
Financial terms were not disclosed.
