PRESS RELEASE: PGi, the world’s largest dedicated provider of collaboration software and services announced that it has entered into a definitive agreement to acquire Denver-based ReadyTalk, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service and managed webinar solutions.
“We have admired ReadyTalk for years. They are well-known for having great products built by great people with a strong commitment to the success of their customers and partners,” said Ted Schrafft, President and CEO, PGi. “ReadyTalk’s focus on mid-market customers and carrier partners aligns perfectly with PGi’s strategic and go-to-market priorities for 2017 and beyond. We are excited to welcome ReadyTalk to the growing PGi family later this month.”
ReadyTalk was founded in 2001 and, today, provides collaboration software and services to more than 6,000 small- and mid-sized businesses. Like PGi, ReadyTalk has differentiated its brand in a competitive market by combining intuitive, innovative technology with unmatched customer service. ReadyTalk’s product suite is designed with partners in mind, with full white labelling capabilities. Its business is built to provide end-to-end service and support to telecommunications service providers, which supports PGi’s strategic priority to leverage carriers as an increasingly important part of its distribution strategy.
“ReadyTalk is committed to providing outstanding collaboration experiences for our customers and partners,” said Dan King, CEO, ReadyTalk. “We’re excited to come together with PGi to forge a world-class user experience and to provide unmatched service excellence and product innovation in the UC&C space.”
Subject to customer closing conditions, the transaction is expected to close at the end of the month.