Teleconferencing Leader Fine-Tunes Its Critical Parts Operation

摘要

For all the communications technology in the world, there's no substitute for face-to-face contact. Or so goes conventional wisdom. Polycom Inc. is banking its fortunes on the opposite belief. In fact, the Pleasanton, Calif.-based maker of video "tele-presence" systems enjoyed "a stellar year" in 2011, according to Robert Velten, director of Polycom Global Services for North, Central and South America. The company saw revenue growth of 26 percent, and solidified its market position with the acquisition of Halo, the videoconferencing unit of Hewlett-Packard. Earnings were up 50 percent in the fourth quarter.