Polycom Acquires Chinese Video Network Company

August 25, 2005 | Print | Email Email | Comments | Category: Business





    Polycom (PLCM) has announced its acquisition of DSTMedia Technology Company, a privately-held video solutions company headquartered in Beijing.

    Founded in 2001 by an engineering team from Tsinghua University, DSTMedia is a leading provider of video network solutions for the Asia market. DSTMedia has also recently launched low cost IP video room systems, desktop products, and video walls for the China, India, Japan, and Southeast Asia markets.

    DSTMedia has 90 employees, primarily in research, development, sales and support, who will join Polycom. DSTMedia has sales offices in Chengdu, Guangzhou, Nanjing, Shanghai, Shenzhen, Wuhan, and Xian. Its products will be distributed worldwide under the DST brand.

    DSTMedia CEO and Founder Xiong Sheng Feng will become a vice president of Polycom and general manager of DST, a wholly owned subsidiary of Polycom, reporting to Hans Schwarz, Executive Director of China, Senior Vice President, Technology and CTO of Polycom.

    Morgan Stanley acted as financial advisor to Polycom in the transaction.

    Related Links:


    Recommend this page: 1 Star2 Stars3 Stars4 Stars5 Stars

    Loading ... Loading ...
    Related News:
  • SARFT To Issue New Licenses For Internet Video Service Providers
  • CNNIC: China Has 160 Million Online Video Users
  • CCTV Readies New Decoding Service With Beijing Telecom
  • Ku6 Acquires Media Player Company By Issuance Of New Shares
  • Siemens Supplying Media Streaming Solution For China Unicom Network
  • China Telecom Launches New Service For Hoteliers
  • China's 9you.com Gains Internet Video License
  • Alcatel-Lucent's Video Telephony Services Head To Beijing
  • Flash Video Streaming Service Comes To China
  • Shandong Provincial Procuratorate System Gets IP Video Network



    • Leave A Comment:



    Inside ChinaTechNews.com


      Other China News

      China Sourcing News:

      Home Building Chain Closes Another Store In China

      American Internet Retailer Adds Courier Fees In China

      French Optics Company Announces Two China Investment Deals

      Increasing Manufacturing Costs Cause Trouble For Chinese Retailer
      TechSecurityChina.com:

      Inspur International To Sell Chinese E-government Business

      Shareholder Disputes Settled For Chinese Media Firm

      Qihoo 360′s Safebox Software Will Integrate With Uuu9.com

      Apple Suspends iPhone 4S Sales In Retail Stores In China
      ChinaWirelessNews.com:

      ZTE Launches First Tablet In America

      Apple Adopts New iPhone Sales System In Hong Kong

      China Telecom To Launch CDMA-based iPhone 4S

      China Mobile's Call Center In Luoyang Formally Launched

      Visit these other China sites: ChinaRetailNews.com | GreenChinaTech.com | ChinaWirelessNews.com | TechSecurityChina.com | China Sourcing News | China CSR