NTT Communications Corp. has reached an agreement with Arkadin International SAS and AXA Private Equity for NTT to acquire 91.2 percent ownership of Arkadin.
Both NTT and Arkadin management will reinvest and the deal is pending approval from antitrust authorities, NTT said Sunday.
Arkadin, founded in 2001 by CEO Olivier de Puymorin, is a provider of audio, web, video conferencing and unified communications technologies and services.
Toru Maruoka, senior vice president of voice and video at NTT, said the company intends to develop collaboration services using Arkadin’s customer service and infrastructure.
NTT also helps customers consolidate their communication tools using the company's Arcstar suite of services such as including audio conferencing, web conferencing, video conferencing and cloud computing-based communications.
Arkadin acquired video conference services provider Novasight following AXA Private Equity’s investment in 2012.