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View Tech Inc

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BUSINESS
November 21, 1995 | JACK SEARLES
View Tech Inc., a Camarillo designer and installer of video communications systems, had a net loss of $155,000, or 5 cents a share, on sales of $1.7 million in the three months ended Sept. 30. In the same period last year, View had a profit of $69,000, or 4 cents a share, on sales of $1.4 million. The company attributed its loss in the latest quarter to costs related to expanding its sales operation nationwide.
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CALIFORNIA | LOCAL
January 11, 2000 | BARBARA MURPHY
All Communications Corp., a voice and videoconferencing system installer based in Hillside, N.J., has agreed to buy Camarillo-based rival View Tech Inc. for about $25.1 million in stock to broaden its videoconferencing services. View Tech shareholders will get one All Communications share for every 3.3 shares they hold, or $3.18 a share. All Communications warrants, which can be exercised at $4.
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BUSINESS
November 25, 1997 | BARBARA MURPHY
Camarillo-based View Tech Inc. has agreed to acquire Vermont Telecommunications Network Services of Burlington, Vt., an agent selling Bell Atlantic services in New England and upstate New York. As a result of this acquisition, Network Services will become a wholly owned View Tech subsidiary, expanding View Tech's offices to 20 nationwide and increasing the company's customer base and geographic presence.
BUSINESS
December 3, 1999 | Karen Kaplan
View Tech Inc., a Camarillo-based maker of equipment for video, voice and data communications, agreed to be acquired by All Communications Corp. of Hillside, N.J., in a $138-million stock deal. All Communications sells voice and videoconferencing communications systems. The combined firm, to be called Wire One Technologies, will be based in Hillside.
BUSINESS
September 3, 1996 | BARBARA MURPHY
View Tech Inc. in Camarillo has agreed to acquire Boston-based GroupNet Inc. for a combination of cash and stock valued at approximately $1.4 million. GroupNet is an authorized dealer for PictureTel Corp. and a leading distributor of video communications products in the Northeast. The acquisition is subject to the approval of the boards of directors of both companies. View Tech expects the transaction to be completed this month.
BUSINESS
June 23, 1998 | BARBARA MURPHY
Unicare, a subsidiary of WellPoint Health Networks Inc., has contracted with View Tech Inc. in Camarillo for a videoconferencing system and related service offerings valued in excess of $800,000. The View Tech systems will be deployed at key Unicare corporate and regional sites as well as district sales offices.
BUSINESS
December 3, 1999 | Karen Kaplan
View Tech Inc., a Camarillo-based maker of equipment for video, voice and data communications, agreed to be acquired by All Communications Corp. of Hillside, N.J., in a $138-million stock deal. All Communications sells voice and videoconferencing communications systems. The combined firm, to be called Wire One Technologies, will be based in Hillside.
BUSINESS
April 28, 1998 | BARBARA MURPHY
View Tech Inc. in Camarillo announced that revenues for the first quarter ended March 31 increased 34% to $13.41 million, compared with $10.01 million for the same period in 1997. The company generated net income of $36,191 or 1 cent per share, compared with a net loss of $439,009 or 7 cents per share for the same period in 1997. "The company historically has not performed strongly in the first quarter," said David A. Kaplan, chief financial officer.
BUSINESS
March 17, 1998 | BARBARA MURPHY
View Tech Inc. in Camarillo has reached an agreement for North American distribution of two new products made by Polycom Inc. in San Jose. View Tech will offer the Polycom ViewStation group videoconferencing system and the Polycom ShowStation IP integrated conference projector. "Given our experience and expertise in the video-conferencing industry, we firmly believe partnering with Polycom is a strategic decision for the benefit of our customers," said Robert Hatfield, View Tech's CEO.
BUSINESS
November 26, 1996 | BARBARA MURPHY
View Tech Inc. in Camarillo, which specializes in video communications systems, announced that revenues for the first quarter that ended Sept. 30 increased 218% to $5.36 million, compared with revenues of $1.68 million for the same period in 1995. During the quarter, expenses related to the continued expansion of the company's sales and service operations contributed to a loss of $74,343 or 3 cents per share.
CALIFORNIA | LOCAL
July 27, 1999 | Rodney Bosch
View Tech Inc. in Camarillo announced it has retained H.C. Wainwright & Co., a Boston-based investment banking firm, to evaluate strategic growth opportunities for the company. "In order to take full advantage of the market opportunity and maximize our potential for growth, we need to move aggressively to access and deploy capital, managerial and other corporate resources," said company CEO William J. Shea.
BUSINESS
June 23, 1998 | BARBARA MURPHY
Unicare, a subsidiary of WellPoint Health Networks Inc., has contracted with View Tech Inc. in Camarillo for a videoconferencing system and related service offerings valued in excess of $800,000. The View Tech systems will be deployed at key Unicare corporate and regional sites as well as district sales offices.
BUSINESS
April 28, 1998 | BARBARA MURPHY
View Tech Inc. in Camarillo announced that revenues for the first quarter ended March 31 increased 34% to $13.41 million, compared with $10.01 million for the same period in 1997. The company generated net income of $36,191 or 1 cent per share, compared with a net loss of $439,009 or 7 cents per share for the same period in 1997. "The company historically has not performed strongly in the first quarter," said David A. Kaplan, chief financial officer.
BUSINESS
March 17, 1998 | BARBARA MURPHY
View Tech Inc. in Camarillo has reached an agreement for North American distribution of two new products made by Polycom Inc. in San Jose. View Tech will offer the Polycom ViewStation group videoconferencing system and the Polycom ShowStation IP integrated conference projector. "Given our experience and expertise in the video-conferencing industry, we firmly believe partnering with Polycom is a strategic decision for the benefit of our customers," said Robert Hatfield, View Tech's CEO.
BUSINESS
November 25, 1997 | BARBARA MURPHY
Camarillo-based View Tech Inc. has agreed to acquire Vermont Telecommunications Network Services of Burlington, Vt., an agent selling Bell Atlantic services in New England and upstate New York. As a result of this acquisition, Network Services will become a wholly owned View Tech subsidiary, expanding View Tech's offices to 20 nationwide and increasing the company's customer base and geographic presence.
BUSINESS
November 26, 1996 | BARBARA MURPHY
View Tech Inc. in Camarillo, which specializes in video communications systems, announced that revenues for the first quarter that ended Sept. 30 increased 218% to $5.36 million, compared with revenues of $1.68 million for the same period in 1995. During the quarter, expenses related to the continued expansion of the company's sales and service operations contributed to a loss of $74,343 or 3 cents per share.
CALIFORNIA | LOCAL
July 27, 1999 | Rodney Bosch
View Tech Inc. in Camarillo announced it has retained H.C. Wainwright & Co., a Boston-based investment banking firm, to evaluate strategic growth opportunities for the company. "In order to take full advantage of the market opportunity and maximize our potential for growth, we need to move aggressively to access and deploy capital, managerial and other corporate resources," said company CEO William J. Shea.
CALIFORNIA | LOCAL
January 11, 2000 | BARBARA MURPHY
All Communications Corp., a voice and videoconferencing system installer based in Hillside, N.J., has agreed to buy Camarillo-based rival View Tech Inc. for about $25.1 million in stock to broaden its videoconferencing services. View Tech shareholders will get one All Communications share for every 3.3 shares they hold, or $3.18 a share. All Communications warrants, which can be exercised at $4.
BUSINESS
September 3, 1996 | BARBARA MURPHY
View Tech Inc. in Camarillo has agreed to acquire Boston-based GroupNet Inc. for a combination of cash and stock valued at approximately $1.4 million. GroupNet is an authorized dealer for PictureTel Corp. and a leading distributor of video communications products in the Northeast. The acquisition is subject to the approval of the boards of directors of both companies. View Tech expects the transaction to be completed this month.
BUSINESS
November 21, 1995 | JACK SEARLES
View Tech Inc., a Camarillo designer and installer of video communications systems, had a net loss of $155,000, or 5 cents a share, on sales of $1.7 million in the three months ended Sept. 30. In the same period last year, View had a profit of $69,000, or 4 cents a share, on sales of $1.4 million. The company attributed its loss in the latest quarter to costs related to expanding its sales operation nationwide.
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