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
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

Category Company
Founded 1983
Sector Technology Hardware
Employees82
Revenue 25M USD (2022)
DESCRIPTION

ClearOne is a provider of a full range of business-grade videoconferencing products. The performance and simplicity of its advanced, comprehensive solutions offer unprecedented levels of functionality, reliability, and scalability. 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