Glowpoint Inc., the cloud managed video services provider, announced a partnership with Avaya back in May 2011. Fast forward to the present and  Glowpoint has officially acquired Avaya's Managed Service for Video technology.

Specifically, Glowpoint acquired telepresence endpoints, video conferencing endpoints and network infrastructure needed to deliver cloud-based video solutions to the enterprise, the company says. Glowpoint will use the assets to build its Glowpoint open video cloud infrastructure.

Glowpoint already has a full suite of video-in-the-cloud solutions, including multi-point video conferencing services; technology hosting and management; and professional services. The asset acquisitions from Avaya are intended to help serve enterprises, but Glowpoint tries to deliver "business-class video" to all-sized companies.

Glowpoint is investing in growing markets. The managed telepresence sector is growing 19 percent annually, and Glowpoint itself in March 2011 said revenue from cloud-based managed services grew 46 percent from Q4 2009 to Q4 2010.

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