The Russian company Polymedia has signed a contract with the American firm LifeSize Communications for direct supply of the latter’s video-conferencing products and solutions in Russia. LifeSize was founded in 2003 and has been owned by Logitech since 2009.
Polymedia will use the LifeSize equipment to create video-conferencing communications services for government and commercial organisations and for distance-learning purposes. It is estimated that the deal with LifeSize will generate $1.5m revenue for Polymedia.
PMRis a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). Being present on the market since 1995, employing highly skilled staff, offering high international standards in projects and publications, providing one of most frequently visited and top-ranked websites, PMR is one of the largest companies of its type in the region.