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Slide #40. ClearOne — Spontania
ClearOne (NASDAQ: CLRO) has entered into an agreement to acquire Spontania from Spain-based Dialcom Networks, S.L. in an all-cash deal for 3.65 million (approximately US $5.0 million). Spontania is a software-based cloud collaboration solution which combines the benefits of video conferencing and web conferencing into a unique, effective and powerful enterprise solution that can scale to tens of thousands of users.
ClearOne designs, develops and sells conferencing, collaboration and network streaming solutions for voice and visual communications. Co.'s line of conferencing and collaboration products are targeted for large, medium and small businesses, as well as for personal use. Co.'s products can be categorized into the following: audio conferencing including installed DSP based professional audio conferencing, USB-based speakerphones and table-top audio conferencing; microphones consisting of patented beamforming microphones, ceiling microphones and wireless microphones; and video products including video collaboration and AV networking.
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