Industry: Commercial company

PictureTel Corporation, often shortened to PictureTel Corp., was one of the first commercial videoconferencing product companies. It achieved peak revenues of over $400 million in 1996 and 1997 and was eventually acquired by Polycom in October 2001. Founded: August 1984 Headquarters: Danvers, MA Ceased operations: October 2001 Founders: Brian Hinman, Lewis Jaffe, David H. Staelin, Jeffrey G. Bernstein Parent organization: Polycom Subsidiaries: Polycom (Switzerland) AG,

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