Transaction Description
Iformata Communications was acquired by AVI-SPL on January 25, 2012. The transaction included the acquisition of Iformata’s managed services business and its Video Network Operations Center (VNOC) Symphony technology platform. The acquisition combines AVI-SPL's strong Audio/Visual (A/V) integration experience and 150+ strong, video-savvy, field sales force with Iformata's robust, multi-tenant Symphony videoconferencing management system to provide a more robust total managed services solution to customers.
Role of Duff & Phelps
Duff & Phelps was engaged by Iformata Communications to serve as its exclusive financial advisor in connection with the sale of the company. Duff & Phelps worked closely with the company's owners to develop and execute a marketing process that maximized the value of the business while meeting the owners' goals.
About Iformata Communications
Founded in 2004, Iformata is a leading innovator of Video Network Operations Center (VNOC) tools and through its VNOC Symphony platform offers end-to-end managed conferencing services to global enterprise firms, equipment manufacturers, and top-tier carriers and networks, Iformata's 450 claim patent portfolio and platform has features for every aspect of managing an enterprise's fleet of video systems, including call setup, intelligent framing, automated monitoring, event correlation, and call tear down – even for disparate immersive telepresence systems.
