French IT services company Atos is making a move on the unified communications market, with an offer to acquire Unify for $371 million.
Unify is a joint venture between Siemens AG and The Gores Group. As Siemens also holds a 12% share of Atos, it will indirectly maintain a portion of Unify. Unify holds more than 3,000 technology patents, and makes about two-thirds of its revenue from services, with the rest coming from software and platforms.
Its Circuit service provides voice, video, and messaging services with HD audio and video quality, along with contextual search, social collaboration, content storage and contact integration with other systems, all from a single application and user interface.
The acquisition is to be finalized in the first quarter of 2016.