Voice and content solutions provider Polycom has purchased Chinese video network firm DSTMedia for an undisclosed sum.
Polycom CTO Hans Schwarz said the purchase of DST significantly enhances the market for Polycom, allowing it to extend its presence not just in China but throughout Asia.
"DST also provides a product line that is optimized for Chinese commercial and government applications ... we can leverage its technology across broader geographies such as India, Japan, and other emerging IP video markets," Schwarz said.
"China is one of the most strategic markets for Polycom ... DST significantly enhances our position in China with its seven sales offices and world class engineering team based in Beijing.
"This clearly positions Polycom as a leader in the fast growing, low-cost IP communications space."
DSTMedia was founded in 2001 by an engineering team from China's Tsinghua University and has 90 employees, all of which will be transferred to Polycom. Products will be distributed under DST.
DSTMedia CEO and founder Xiong Sheng Feng will become a vice president of Polycom and general manager of DST, reporting to Hans Schwarz, current Polycom CTO and executive director of Polycom China.
Polycom CEO Bob Hagerty said DSTMedia is an impressive early stage company that has already gained a leadership video network position in China and Japan.
"DST's low cost video network platform and early stage IP video endpoint platform is well-suited for mass deployment at the desktop and in group video space for departmental solutions and cost sensitive vertical applications," Hagerty said.