NewNet Communication Technologies (A Skyview Capital Company) Acquires VoltDelta Resources

PRESS RELEASE: Global network services provider NewNet Communication Technologies, a Skyview Capital company, announced it has signed an agreement to acquire Volt Delta Resources, LLC. (VoltDelta), a global cloud-based contact center provider and a wholly-owned subsidiary of Volt Information Sciences (OTC:VISI).

Contact Centre CLUB

VoltDelta provides cloud-based contact center services and voice self-service applications to organizations around the world. Headquartered in New York with global operations and data centers in North America, the United Kingdom, and Germany, VoltDelta is a market leader in SMS and call handling.

“The acquisition of the VoltDelta represents a significant milestone in the evolution of NewNet’s product portfolio and market focus. The combination of these two businesses provides significant scale to NewNet and allows us to expand our telecom services to additional geographies and customer groups. We look forward to growing the ONDemand, Cloud-based services and the LSSI Big Data services,” said Alex Soltani, Chairman and CEO of Skyview Capital.

The share purchase agreement was signed and the transaction simultaneously closed on December 1, 2014. Terms of the agreement were not disclosed by Skyview Capital.