Polycom Inc. has announced that it has joined forces with computer giant IBM to bring in video conferencing services intended for consumer use, according to a report from Reuters.
The duo is planning to introduce collaboratively developed high-definition video conferencing products and services at the Consumer Electronics Show (CES) scheduled to be held in Las Vegas later this week, according to Polycom.
The company further went on to say that the proposed products will pave the way for video chats involving multiple users over high speed internet connections.
They will take on other prominent players of the arena, including Skype and a yet to be launched family product from Cisco Systems. However, Polycom didn’t let out the pricing details or sales date of the product yet.
IBM asserted that the demonstration of the equipment at the CES was a part of its vision of future homes, and that it had no intentions to launch such a product under its own brand name. Incidentally, Polycom and IBM are already partners in the corporate video conferencing sphere.
However, it wouldn’t apparently be an easy road to go for the companies, as some Silicon Valley bigwigs have already poured in massive investments to capitalise on largely untapped potential of consumer video conferencing.
Cisco Systems' recent $3.4 billion acquisition of majority stakes in Tandberg, and Logitech's $405 million buyout of LifeSize Communications are among the noteworthy deals in the arena. 2010 will be an interesting year in the video conferencing market.