Fremont, Calif. —
Logitech today announced the acquisition of Norway-based Paradial, a provider
of back-end technology for video communications and an OEM supplier of
Logitech’s.
Financial terms
were not disclosed.
Paradial’s Network
address translation (NAT) technology addresses one of the most significant
barriers to the widespread adoption of Internet-based video communication:
calling across protected networks, Logitech said in a release. Logitech
markets B to B video-conferencing
systems and service to enterprises though its wholly owned LifeSize division.
last November.
Paradial’s NAT
technology allows LifeSize’s current conferencing services to traverse any
firewall while maintaining a high level of security, Logitech said, “for
seamless video calling between people inside the walls of an enterprise and
those inside other enterprises, in remote offices or telecommuting.” The
company said the acquisition will allow it to closely integrate firewall and
NAT traversal across its video-communication product portfolio.
“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 Quindlen, Logitech president/CEO. “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.”
According to
Logitech, most of Paradial’s employees, including the company’s founders, will
be integrated into Logitech’s LifeSize division, based in Austin, Texas.
Logitech said it
will further comment on the acquisition during Quindlen’s teleconference with
analysts on July 29, following the company’s post-market Q1 financial report
release on July 28.
