PR Newswire 5 Aug 2013
NTT Communications Corporation, Arkadin International SAS and AXA Private Equity jointly announced on August 5 that they have entered into exclusive negotiations over NTT Com’s acquisition of a majority stake in Arkadin, the world’s third-largest collaboration service provider*. The agreement will be implemented after the necessary notification and consultation with the relevant works council. The management of Arkadin will reinvest alongside NTT Com. The agreement remains subject to the authorization of the antitrust authorities.
* A collaboration service provider is a company that provides a full range of services and solutions using audio, web and video channels to enable organizations to communicate with each other remotely.
Arkadin offers a wide range of conference-related solutions covering audio, web, video conferencing and unified communications services. It serves approximately 37,000 customers in 32 countries, including France, Germany, the UK, USA, Australia, China, Singapore and Japan. The company was launched in 2001 by CEO, Olivier de Puymorin.