Corporate Report: Feb. 10

Communications firm buys Iformata Communications
Tampa-based audio/video communications firm AVI-SPL has acquired Iformata Communications LLC, a provider of video-managed services. The sale includes the Iformata Video Network Operations Center business and the VNOC Symphony management platform. AVI-SPL officials say the company views this acquisition as a critical move in the company's continuing drive to become the dominant player in the video communications solutions and services space.

AVI-SPL CEO John Zettel says that after AVI-SPL made video communications a major initiative in 2009, it grew video-related revenue to more than $200 million in 2011 and 50% of its projects. He sees the Iformata purchase as part of the company's continued commitment to growing its video business.

“This combines AVI-SPL's strong A/V integration experience and 150+ strong, video-savvy, field sales force with Iformata's robust, multi-tenant Symphony videoconferencing management system,” Ira Weinstein, senior analyst and partner at Wainhouse Research, says in a press release. “The result is an immediately available, mature service offering from a well-known and trusted technology partner.”