ZELIENOPLE, Pa.--(BUSINESS WIRE)--CEO Devita Saraf of Vu TelePresence issued the following statement today regarding Microsoft’s acquisition of Skype for 8.5 billion dollars.
Today’s announcement that Microsoft will acquire Skype is a ringing endorsement of the communications services market, specifically in the area of telepresence/videoconferencing. This acquisition as well as Cisco’s recent shift towards the SMB category, reinforces our long held view that there is significant opportunity in the small business space.
While video conferencing is not a new technology, small business options have been limited. Previous market options have been either very expensive or free of cost and unreliable. Rather than listening to the needs of this category, many technology companies applied a one-size fits all approach to their solutions rather than treating small businesses as individual companies. With more than 500 small business clients, Vu recognizes this category is unique and needs flexible solutions.
On the eve of Small Business Week, we believe it is important to recognize the impact small businesses have on job creation and the ways they make a difference in their communities. Despite reports of waning optimism, recent studies have shown that small businesses are bullish on the prospects afforded by U.S. economic growth.
Today’s announcement shines a light on the businesses benefit of telepresence. At Vu, our commitment is to ensure that as the category evolves small businesses have the tools and solutions needed to drive rapid, broad-based and sustained economic growth and competitiveness.
About Vu TelePresence
Founded in 2006, Vu TelePresence is one of the leading telepresence solutions providers for the small and midsized business marketplace. Addressing the telecommunications needs of this market, the company’s flagship solution, Vu TelePresence and its Vu TelePoint conference suites, provides an affordable solution with Fortune 500 level service. Vu TelePresence is headquartered in Pittsburgh, PA, with Vu TelePoint locations in most major US and India cities (with future expansion into Europe and Central/South America) including New York, Chicago, Oakland, Boston, Irvine, Cleveland, Seattle, Columbus, Philadelphia, Washington DC, Atlanta and Pittsburgh.