Analysts' Recommendation: Buy 30 Days Ago: Buy Analysts' Target: $28 Analysts' Targets Wedbush Morgan Securities $28 Accumulate Thursday, April 17, 2008 Polycom, Inc. provides communications solutions to enterprise and public sector customers to enable voice, video, and content communications. It operates in three segments: Video Solutions, Voice Communications, and Services. The Video Solutions segment offers video communications products, including telepresence, group, and desktop video; and network systems products, such as video and voice media servers, and network management for meeting rooms, conference rooms, training rooms, courtrooms, classrooms, offices, boardrooms, auditoriums, and permanent installations. The Voice Communications segment offers conference phone, wired desktop voice products, and wireless handset voice products. The Services segment offers integration services, including consulting, education, design, and project management; consulting services, such as planning and needs analysis; design services, including room design and custom solutions; and project management, installation, and training services. This segment also offers maintenance services, including telephone support, parts exchange, on-site assistance, and direct access; and professional services solutions, such as implementation, network consulting, HD network readiness assessments, ongoing advisory, management and operations support, and project management. The company sells its products through a network of channel partners, including distributors, value-added resellers, systems integrators, communications service providers, and retailers primarily in North America, Israel, Europe, the Middle East, and Africa. Polycom, Inc. has strategic relationships with Alcatel, Avaya, Cisco, and Nortel to develop and market voice-over-Internet protocol and video communications solutions. It also has a co-development and marketing agreement with Microsoft to integrate its desktop, conference room, and network hardware and software solutions. The company was founded in 1990 and is headquartered in Pleasanton, California.
$24.21 (07/12/08)
