Bloomberg News

RadVision Tumbles Most Since April on U.S.-Traded Shares Drop

December 16, 2011

Dec. 15 (Bloomberg) -- RadVision Ltd., the maker of video- conferencing systems, tumbled the most since April following a drop in the U.S.-traded shares yesterday.

The shares lost 12 percent, the biggest intraday decline since April 4, to 32.61 shekels, or the equivalent of $8.55, The stock slid 12 percent to $8.51 in New York.

RadVision has gained 22 percent this week in Tel Aviv on newspaper reports that Avaya Inc. is in talks to buy the company for a premium.

--Editors: Claudia Maedler, Alex Nicholson

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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