Plantronics to buy PE-backed Polycom for $2 bln
Plantronics has agreed to acquire Polycom, a portfolio company of Siris Capital, for $2 billion. The deal is expected to close by the end of the third quarter of 2018. Wells Fargo Securities is acting as lead financial adviser to Plantronics on the deal with Foley & Lardner LLP serving as legal adviser. Also, Morgan Stanley & Co. LLC is providing financial advice to Plantronics while Moelis & Company LLC and Macquarie Capital are doing likewise to Polycom. And, Sidley Austin LLP provided legal advice to Polycom. Based in San Jose, California, Polycom is a video conference equipment provider.
28 March 2018•6 mins read
