Plantronics
Plantronics, Inc. is an American electronics company — branded Poly to reflect its dual Plantronics and Polycom heritage — producing audio communications equipment for business and consumers. Its products support unified communications, mobile use, gaming and music. Plantronics is headquartered in Santa Cruz, California, and most of its products are produced in China and Mexico.
| Company type | Subsidiary |
|---|---|
| Industry | Consumer electronics |
| Founded | 1961 |
| Headquarters | Santa Cruz, California, U.S. |
Key people | Dave Shull (President and CEO) |
| Products | Enterprise and consumer audio products, software and services |
| Revenue | US$1.68 billion (2022) |
| US$−32 million (2022) | |
| US$17.9 million (2022) | |
| Total assets | US$2.23 billion (2022) |
| Total equity | US$20.2 million (2022) |
Number of employees | c. 6,500 (April 2022) |
| Parent | HP Inc. |
| Subsidiaries | Polycom, Inc. |
| Website | www |
| Footnotes / references Financials as of April 2, 2022. | |
On March 18, 2019, Plantronics announced that it would change its name to Poly following its acquisition of Polycom, although it continues to trade on the New York Stock Exchange as Plantronics, Inc. (POLY; listed as PLT until May 24, 2021).
On March 28, 2022, HP Inc. announced its intent to acquire Poly for $1.7 billion in cash as it looks to bolster its hybrid work offerings, such as headsets and videoconferencing hardware. Including debt, the deal valued at $3.3 billion and closed in August 2022.