Deals
Siris Capital Said to Be Mystery Bidder for Polycom
- Mitel says Polycom received separate takeover offer on May 6
- Polycom rejected proposal and declined to engage, filing shows
This article is for subscribers only.
Polycom Inc., the video-conferencing company that agreed last month to be bought by Canadian technology company Mitel Networks Corp., received a takeover offer on May 6 from a separate party, according to a regulatory filing Friday.
That party, identified as “Sponsor 1” in the filing, is Siris Capital Group, people with knowledge of the matter said, asking not to be identified because the information is private. Siris didn’t respond to a request for comment.