ITProPortal.com, Barclay Ballard, February 2, 2016 (interview with Lifesize CEO and founder Craig Malloy cmalloy)
"2015 could be considered the 'Year of the Spinoff' – with more than 80 deals, valued at $244.9 billion – a 20-year high, according to Dealogic data, which goes back to 1995. Following this trend is US videoconferencing vendor Lifesize, which recently completed its separation from Logitech. We spoke with CEO Craig Malloy about the current state of the AV landscape and more.
Why do you think the spinoff trend is gaining momentum?
Often, post-spin and freed from a large corporate parent, pent up entrepreneurial forces are unleashed. Likewise, the newfound independence motivates management of the subsidiary to run the business more efficiently. The priorities of being owned by a large operating company are different to the priorities being owned by VC’s. Typically, VC’s are more interested in rapid growth therefore there is more room to be agile and innovative. ..."
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