Category Archives: Acquisitions & Mergers

Enreach further expands in the UK with the acquisition of Pace Telecom

Enreach, the fast-growing European unified communications group, has further strengthened its position in the UK telecommunications market with the acquisition of Pace Telecom. Established in 1993, Pace Telecom is a leading communications provider specialising in business telephony, mobile and broadband and helps over 1,000 customers to work more efficiently and productively. Continue reading Enreach further expands in the UK with the acquisition of Pace Telecom

UiPath Acquires Cloud Elements to Deliver Expanded API-Based Automation Capabilities

Leading enterprise automation software company, UiPath announced it has acquired Cloud Elements, a pioneering API integration platform. With this acquisition, UiPath continues to lead innovation in the automation market, this time believed to be the first provider to offer enterprise-grade user interface (UI) and API-based automation capabilities in a single platform. Continue reading UiPath Acquires Cloud Elements to Deliver Expanded API-Based Automation Capabilities

TTEC completes Acquisition of Avtex

Norwest Equity Partners (“NEP”), a leading middle market investment firm founded in 1961, has completed the sale of its portfolio company, Avtex Solutions, a leading end-to-end Customer Experience (CX) solution provider and technology company, to TTEC, one of the largest global technology and services innovators for end-to-end, digital CX solutions. Continue reading TTEC completes Acquisition of Avtex

Microsoft to acquire Nuance Communications for $19.7 billion

Microsoft Corp and Nuance Communications, announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance’s net debt. Continue reading Microsoft to acquire Nuance Communications for $19.7 billion

Redwood Technologies Group Acquires Potomac Integration and Consulting, LLC

Redwood Technologies Group, the parent company of leading CX and cloud contact centre solution provider Content Guru, has announced that it has acquired US-based Potomac Integration and Consulting (PIC), a specialist consultancy organization to US federal government agencies. The acquisition is part of the Group’s US expansion drive. Continue reading Redwood Technologies Group Acquires Potomac Integration and Consulting, LLC

TelcoSwitch acquires PBX Hosting Ltd

TelcoSwitch, a leading provider of hosted voice, Unified Communications and compliance solutions, has announced the acquisition of Coventry-based PBX Hosting Ltd. The £4.5 million deal sees TelcoSwitch add a healthy base of 32,000 active users and channel partners to its business, complementing the continuing strong organic growth that makes up the majority of the TelcoSwitch customer base. Continue reading TelcoSwitch acquires PBX Hosting Ltd

Sangoma Completes Acquisition Of Star2Star

Sangoma Technologies Corporation (“Sangoma”), a trusted leader in delivering cloud-based Communications-as-a-Service (“CaaS”) solutions, is pleased to announce that it has completed its previously announced acquisition (the “Acquisition”) of all of the shares of StarBlue Inc. (the parent company of Star2Star Communications, LLC, herein “Star2Star”) from Star2Star Holdings, LLC (herein “Holdings”) and Blue Face Holdings Limited (collectively, the “Sellers”). Continue reading Sangoma Completes Acquisition Of Star2Star

Thoma Bravo Announces Strategic Acquisition of Calabrio

Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, and Calabrio, the customer experience intelligence company, announced a definitive purchase agreement whereby Thoma Bravo will acquire Calabrio from KKR, a leading global investment firm. Financial details were not disclosed. Continue reading Thoma Bravo Announces Strategic Acquisition of Calabrio

ServiceNow to Acquire Intellibot to Help Businesses Automate Any Workflow

ServiceNow, the leading digital workflow company making work, work better for people, announced it has signed an agreement to acquire Intellibot, a robotic process automation (RPA) company based in Hyderabad, India. Intellibot extends ServiceNow’s core workflow capabilities by helping customers automate repetitive tasks for intelligent, end‑to‑end automation. Continue reading ServiceNow to Acquire Intellibot to Help Businesses Automate Any Workflow

RingCentral Acquires Security Technology to Deliver More Secure Business Communications and Video Meetings

RingCentral, a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, announced the acquisition of the technology and engineering team at Kindite, a developer of leading cryptographic technologies that mitigate and reduce security and privacy risks to information and applications in the cloud. Continue reading RingCentral Acquires Security Technology to Deliver More Secure Business Communications and Video Meetings

Optimizely Strengthens its Digital Experience Leadership with Acquisition of Customer Data Platform Zaius

Optimizely (formerly Episerver), announced it has acquired Zaius, a customer data platform (CDP), bringing the context of the customer to the experience creation and optimization process of digital experiences. Continue reading Optimizely Strengthens its Digital Experience Leadership with Acquisition of Customer Data Platform Zaius