United States
United States
About the transaction
KA Teletech Corporation is the leading developer of scheduling, reservation, accounting and network management software for global videoconferencing systems and networks. PictureTel Corporation develops, manufactures and markets a full range of visual telecommunications solutions that are "Redefining the Way the World Meets(TM)." PictureTel Corporation enables worldwide video communications through an easy-to-use, dial-up family of standards based videoconferencing systems.
The purchase includes rights to KA Teletech Corporation's premier product, the Teleconferencing Software System (TCSS), a videoconferencing scheduling, reservation and account management solution in use today by major organizations worldwide.
