What does PCTL mean in NASDAQ SYMBOLS
PCTL stands for Picturetel Corporation. It is a leading provider of visual communications solutions that enable people to collaborate more effectively in the workplace. Founded in 1984, PCTL has earned a reputation for quality products and services. With a broad portfolio of products and services, PCTL meets the needs of customers by providing world-class audio, video, and collaboration solutions.
PCTL meaning in NASDAQ Symbols in Business
PCTL mostly used in an acronym NASDAQ Symbols in Category Business that means Picturetel Corporation
Shorthand: PCTL,
Full Form: Picturetel Corporation
For more information of "Picturetel Corporation", see the section below.
What is PCTL?
PCTL is a global visual communications company committed to enabling people to collaborate more effectively across organizations large and small. The company's business model focuses on providing its customers with world-class audio, video and collaboration solutions that are tailored to their needs. Solutions range from desktop video conferencing systems to custom telepresence suites. Additionally, PCTL offers network infrastructure optimization services, as well as installation and support services. With offices around the globe, PCTL serves customers in over sixty countries worldwide with their suite of visual communication solutions. In addition to direct sales channels, the company also employs strategic partnerships with dealers and distributors for reaching its customer base beyond traditional brick-and-mortar stores. This enables PCTL to address the needs of a wide range of industries such as education, government, healthcare, hospitality, manufacturing & logistics and retail sectors among others.
Why Should You Choose PCTL?
PCTL is committed to developing innovative solutions that are tailored to each customer’s unique needs. With its wide range of products and services designed for different industry verticals such as education, government etc., it helps businesses boost employee productivity while slashing operating costs associated with long distance travelling or training sessions without compromising on quality or affordability. Apart from this superior customer service & support makes them stand out too as they deliver post purchase technical assistance throughout the product life cycle whether it comes down to updating software or even fixing hardware glitches.
Essential Questions and Answers on Picturetel Corporation in "BUSINESS»NASDAQ"
What is Picturetel Corporation?
Picturetel Corporation was a company that specialized in digital visual communication. It was founded in 1987 and provided communications technology and services to businesses, educational institutions, and government agencies until it was acquired by Polycom, Inc. in 2001.
What products did Picturetel sell?
Picturetel sold video conferencing systems, web conferencing software, audio-visual products, video projectors, and related services.
How were customers able to access Picturetel's services?
Customers could access Picturetel’s service through licensed resellers or through a dedicated support team.
Was Picturetel publicly traded?
Yes, it was publicly traded on the NASDAQ stock exchange under the symbol PCTL until its acquisition by Polycom in 2001.
When did the acquisition of Picturetel by Polycom occur?
The acquisition of Picturetel by Polycom occurred in October of 2001.
What does the acronym PCTL stand for?
The acronym PCTL stands for “Picturetel Corporation”.
What impact did the acquisition of Picturetel have on the industry?
The acquisition of Picturetel by Polycom had an immediate impact on the industry as it helped expand the reach of digital visual communication capabilities around the world. Additionally, it bolstered Polycom's existing product portfolio with new technologies and increased their presence in the market.
Was there any other impact from the acquisition?
Yes – many of former staff members from both companies were given positions at different levels within Polycom following its successful integration into their operations.
Who were some key people associated with Picturetel Corporation prior to its acquisition?
Some key people associated with Picturetel Corporation prior to its acquisition included Roger Egan (founder & CEO), David Covington (COO), Dan Miller (VP Product Development), Richard Glaser (VP Sales & Marketing) among many others.
Final Words:
In conclusion, choosing PCTL as your provider for visual communication solutions will ensure you get quality products and assurance that your experience will be satisfactory from both cost effectiveness point of view as well from usability perspective too. Its additional features like 24/7 technical support coupled with industry specific service models make sure that whatever level of organization you are from; this provider will be able cover your all collaborative efforts effortless under one platform.
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