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RADVISION Announces Shareholder Approval of Acquisition of RADVISION by AVAYA - RADVISION announced that at an Extraordinary General Meeting of Shareholders held, its shareholders approved the terms and conditions of the previously announced acquisition of RADVISION by Avaya, Inc. - RADVISION.com
RADVISION Announces Shareholder Approval of Acquisition of RADVISION by AVAYA

 

PRZOOM - /newswire/ - Tel Aviv, Israel, 2012/04/30 - RADVISION announced that at an Extraordinary General Meeting of Shareholders held, its shareholders approved the terms and conditions of the previously announced acquisition of RADVISION by Avaya, Inc. - RADVISION.com. NASDAQ: RVSN; EXTR

   
 
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RADVISION, a leading technology and end-to-end solution provider for unified visual communications, announced today that at an Extraordinary General Meeting of Shareholders held today, its shareholders approved the terms and conditions of the previously announced acquisition of RADVISION by Avaya Inc., as well as all other items on the agenda for the meeting.

The transaction is subject to certain closing conditions. Under Israeli law, at least 30 days must elapse after the approval of the acquisition by the shareholders of RADVISION before the acquisition may become effective. RADVISION and Avaya expect to complete the transaction during the second fiscal quarter of 2012.

About RADVISION

Founded in 1992, RADVISION (radvision.com) is a leading provider of videoconferencing and telepresence technologies over IP and wireless networks. RADVISION teams with its channel and service provider partners to offer end-to-end visual communications that help businesses collaborate more efficiently. RADVISION propels the unified communications evolution forward with unique technologies that harness the power of video, voice, and data over any network.

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to general business conditions in the industry, changes in demand for products, the timing and amount or cancellation of orders and other risks detailed from time to time in RADVISION’s filings with the Securities Exchange Commission, including RADVISION’s Form 20-F Annual Report. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.

 
 
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Agency / Source: Radvision Ltd

 
 

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RADVISION Announces Shareholder Approval of Acquisition of RADVISION by AVAYA

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Contact: Press Office - RADVISION.com 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Radvision Ltd securities in any jurisdiction including any other companies listed or named in this release.

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