Category Archives: Acquisitions & Mergers

Avaya Enters into Asset Purchase Agreement with Extreme Networks for the Sale of Avaya’s Networking Business

PRESS RELEASE: Avaya announced it has entered into an asset purchase agreement with Extreme Networks, Inc. (Nasdaq: EXTR) (“Extreme”) under which Extreme will serve as the primary bidder in a section 363 sale under the Bankruptcy Code to acquire Avaya’s Networking business for a transaction value of approximately $100 million, subject to adjustments. Continue reading Avaya Enters into Asset Purchase Agreement with Extreme Networks for the Sale of Avaya’s Networking Business

Direct Response combines delivery and technology expertise to form The Yonder Digital Group

Today, Direct Response unveils its new identity: The Yonder Digital Group, the result of acquisitions of CallScripter, Ansaback and GoResponse. The Group leverages the acquired companies’ extensive experience in customer experience delivery and technological innovation to service clients across a range of industries with its omni-channel, multi-modal service rooted in expert analysis of customer behaviour. Continue reading Direct Response combines delivery and technology expertise to form The Yonder Digital Group

Genesys Acquires Silver Lining Solutions to Enrich Workforce Optimisation Product Offering

Genesys®, the global leader in omnichannel customer experience and contact centre solutions, has completed the acquisition of privately held Silver Lining Solutions Ltd., a provider of industry-leading employee performance optimisation software and Genesys OEM partner. Continue reading Genesys Acquires Silver Lining Solutions to Enrich Workforce Optimisation Product Offering

NetFortris Acquires Fonality, Creates Next Generation Cloud Service Provider

PRESS RELEASE: NetFortris, Inc., a leader in secure cloud-based communication solutions announced the acquisition of Fonality, Inc., an innovator in software defined unified communications as a service solutions. The combination of the two companies will meet the growing needs of a converging IT and communications market by providing customers with security, network management and a state of the art UCaaS solution in one bundle. Continue reading NetFortris Acquires Fonality, Creates Next Generation Cloud Service Provider

Webhelp acquires German company Ocon

Webhelp, global provider of business process outsourcing services, has announced the acquisition of Ocon Office Concept GmbH, a state of the art BPO service center in Stuttgart, Germany with excellent technical expertise. Completion of the transaction is expected to be the end of March 2017, subject to authorisation from the relevant authorities. Continue reading Webhelp acquires German company Ocon

Xura to change company name to Mavenir Systems upon completion of Mitel Mobile acquisition

PRESS RELEASE: Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”, Nasdaq: MITL, TSX: MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions, the new combined company name will be Mavenir Systems, Inc. (“Mavenir Systems” or “Mavenir”). Affiliates of Xura completed the previously announced acquisition of Ranzure Networks on February 1, 2017. Continue reading Xura to change company name to Mavenir Systems upon completion of Mitel Mobile acquisition