Santo Domingo-. Avaya announced Tuesday the completion of the acquisition of Radvision a leading provider of IP video technologies and wireless networks.
Under the merger agreement, each outstanding Radvision common stock immediately prior to when the merger takes effect has been automatically converted into the right to receive US$11.85 in cash, without interest and minus applicable withholding taxes, for a total transaction of around US$230.0 million.
In an emailed statement, Avaya said Radvision operate as a wholly owned indirect subsidiary of Avaya through the Radvision trademark.

