M&A Deal Summary

ClearOne Acquires VCON Video Conferencing

On January 27, 2012, ClearOne acquired software company VCON Video Conferencing for 5M USD

Acquisition Highlights
  • This is ClearOne’s 1st transaction in the Software sector.
  • This is ClearOne’s largest (disclosed) transaction.
  • This is ClearOne’s 1st transaction in Israel.

M&A Deal Summary
Date 2012-01-27
Target VCON Video Conferencing
Sector Software
Buyer(s) ClearOne
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

VCON Video Conferencing

Hod Hasharon, Israel
website
VCON Video Conferencing Ltd. is a provider of high-performance, end-to-end, software video conferencing solutions.

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Buyer(S) 1

Buyer

ClearOne

Salt Lake City, Utah, United States

website

Category Company
Founded 1983
Sector Technology Hardware
Employees107
Revenue 29M USD (2021)
DESCRIPTION

ClearOne is a provider a full range of business-grade videoconferencing products. ClearOne was founded in 1983 and is based in Salt Lake City, Utah.

DEAL STATS #
Overall 3 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 4
Country (Israel) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 MagicBox

Corvallis, Oregon, United States

MagicBox, Inc. is a designer, developer and marketer a variety of hardware and software solutions to deliver digital content and information to digital displays.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-07 Spontania

Madrid, Spain

Spontania is a software-based cloud collaboration solution which combines the benefits of video conferencing and web conferencing into a unique, effective and powerful enterprise solution that can scale to tens of thousands of users.

Buy €4M
Mergr

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