At the same time the company announced it had secured an additional $112 million in a financing round led by Summit Partners, ThinkingPhones also unveiled a name and branding change. The company is now known as Fuze, taking the name of another business it acquired in November 2015.
Vidyo has updated its VidyoWorks service to provide customers with greater performance and security. VidyoWorks, which provides infrastructure and software for video routing, management tools, interoperability, security compliance and both recording and webcasting, received a significant boost in performance. According to the vendor, VidyoPortal and VidyoGateway now require up to 50 percent less in machine CPU requirements to get the same performance.
Logitech is hoping to make videoconferencing simpler with the upcoming launch of Logitech Group, a high-definition videoconferencing endpoint designed to work with a variety of conferencing services and applications.
Cisco's small meeting videoconferencing capabilities just got a boost. Cisco completed the acquisition of Acano – a buy it first announced back in November.
Cloud-based software-defined networking vendor Kollective has wrapped its SDN technology around a new content delivery network aimed at helping enterprises broadcast video to up to thousands of employees.
It will be interesting to see what Big Blue has planned in the cloud video services arena. IBM recently acquired cloud streaming provider Ustream and has since unveiled plans to get a foothold in the video space.
Biamp Systems released a videoconferencing system designed for huddle rooms. The Devio video collaboration tool is meant to be an easy-to-use device that provides small meetings with high-definition audio and video.
As video communications companies aim to improve video calling to the point that it feels as easy and comfortable as a phone call, Microsoft's research arm is looking even further ahead. The engineers there want to make video chat more comfortable by projecting holograms into your room.
After two years of work and a complete reinvention of its business model, Lifesize has spun off from (now former) parent Logitech. The deal closed at the end of December, and Lifesize announced the change last week, as well as a $17.5 million injection of venture capital money.
If Mike Mansbach's vision for the future of enterprise videoconferencing comes to pass, it could simplify video communications to the point that it's natural for even the least tech-savvy person to use it.