BT to buy US-based Wire One

BT has agreed to buy Wire One Holdings, a US provider of videoconferencing solutions. The British operator said Wire One will form the core of BT Conferencing's video services unit.

Wire One has headquarters in Denver and employs over 350 people across the US and in Europe. It has been going for over 20 years and provides products and services to more than 8,000 customers, including 55% of the US Fortune 100.

BT said its conferencing unit already has a strong presence in the US and Asia Pacific region, but claimed the acquisition of Wire One will allow BT Conferencing to improve its videoconferencing capabilities and services.