September 01, 1999
Meetings & Conventions: Short Cuts September 1999 Current Issue
September 1999
Short Cuts:Tech News

IN JULY, PARIS-BASED GENESYS, an international teleconferencing-services provider, acquired Williams Conferencing from Williams Communications Group Inc. of Tulsa, Okla., for about $39 million. The purchase makes Genesys the third-largest teleconferencing specialist in the United States. The company is preparing to handle a surge in business; forecasters are predicting the world videoconferencing market will grow 40 percent each year through 2002.

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