Item 8.01. Other Events.

On May 11, 2012, Polycom, Inc. (the "Company") announced that on May 10, 2012 it had entered into a Purchase and Sale Agreement (the "Purchase Agreement") with Mobile Devices Holdings, LLC, a Delaware limited liability corporation, pursuant to which the Company will divest its enterprise wireless voice solutions business ("EWS Business") to an affiliate of Sun Capital Partners, Inc. for consideration consisting of approximately $110 million in cash, subject to adjustment for cash, debt and working capital as set forth in the Purchase Agreement, plus up to an additional $4 million in cash subject to certain conditions. The Company will be filing a lawsuit shortly in Delaware Chancery Court to enforce the terms of the Purchase Agreement. The Company intends to zealously pursue all appropriate recourse and will seek expedited treatment of this matter with the goal of reaching resolution in 2012. In the interim, the Company will continue to conduct the EWS Business consistent with past practice and in accordance with the terms of the Purchase Agreement.

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