polycom

Polycom, Inc., now a part of Poly, Inc., was an American multinational corporation that develops video, voice and content collaboration and communication technology.[2] Polycom was co-founded in 1990 by Brian L Hinman and Jeffrey Rodman.[3] In 2018 Polycom was acquired by Plantronics [4] and in 2019 the name of the combined entity was changed to Poly

Polycom was co-founded in 1990 by Brian L Hinman and Jeffrey Rodman, who were colleagues at PictureTel Corp.The startup was based in San Francisco, California but soon moved to San Jose, California, with Hinman using $400,000 of his own money and $100,000 from friends as seed money. Oak Investment Partners and Accel Partners then contributed an additional $3 million in venture capital.Polycom's stated goal was to develop solutions for all the major ways people communicate, specifically including audio, content such as documents, and video. Its first products to market were audio conferencing speakerphones. The company later added content sharing, video conferencing, video network and bridging, and system monitoring and management products.

Its first product in 1992 was SoundStation, a triangular speakerphone with unusually robust full-duplex audio allowing both parties to simultaneously speak and be heard. SoundStation and its successor, SoundStation Premier became the leading brand in the market in the 1990s.Polycom began the development of its first product in the new category of "Document Conferencing Projector", called ShowStation  in 1994. In April 1996, Polycom went public on NASDAQ.In 1997, the company began shipping ShowStation in addition to its growing line of audio products and had total revenues of $47 million. In January 1998, Polycom acquired ViaVideo for $54 million and its videoconferencing product, which would be named ViewStation.In 2011, Polycom posted $1.5 billion in revenue.

Brian Hinman served as CEO from the company's founding in 1990 until 1998 , when he was succeeded by Bob Hagerty . Andy Miller became CEO in May 2010. Miller was charged with several expense and accounting violations by the SEC in 2012, and settled with the SEC by agreeing to not serve as an officer for any company for five years . He was succeeded as CEO by Peter Leav , who was then succeeded in 2016 by Mary McDowell following Polycom's acquisition by Siris Capital Group.