Category Archives: Acquisitions & Mergers

Damovo drives forward European growth strategy with acquisition of Swiss-based Voice & Data Network AG

PRESS RELEASE: Damovo has expanded its European operation following the acquisition of Switzerland-based voice and data provider Voice & Data Network AG (“Vodanet”) for an undisclosed fee. The acquisition enables Damovo, a leading provider of enterprise communications solutions and services across Europe, to bolster its Avaya capabilities, while also adding the experience and expertise of the Zurich-headquartered Vodanet team to its business. Continue reading Damovo drives forward European growth strategy with acquisition of Swiss-based Voice & Data Network AG

Lithium Enters into Definitive Agreement to be Acquired by Vista Equity Partners

lithium-logoLithium Technologies, the market leader in cloud-based social media management and online community solutions announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading private equity firm focused on investments in software, data and technology-enabled businesses. Lithium’s Board of Directors has unanimously approved the transaction. Terms of the transaction were not disclosed. Continue reading Lithium Enters into Definitive Agreement to be Acquired by Vista Equity Partners

Sykes Enterprises, Incorporated Completes Acquisition of Certain Assets of a Global 2000 Telecommunications Services Provider

PRESS RELEASE: Sykes Enterprises, Incorporated, a global business process outsourcing leader in providing comprehensive inbound customer engagement services to Global 2000 companies, announced today that it has completed the acquisition of the certain assets of the telecommunications services provider. Continue reading Sykes Enterprises, Incorporated Completes Acquisition of Certain Assets of a Global 2000 Telecommunications Services Provider

Elitetele.com acquires Nexus Telecommunications

PRESS RELEASE: Owner-operated Elitetele.com PLC, a leading provider of unified communications, has agreed its largest acquisition to date, Leeds-based communications solutions provider Nexus Telecommunications Limited. The acquisition is Elite’s 15th since 2008, all of which have been funded through internal cashflows and conservative leverage with no outside investors. Continue reading Elitetele.com acquires Nexus Telecommunications

Evolve IP acquires cloud services provider Azzaron, Inc.

PRESS RELEASE: Evolve IP, The Cloud Services Company™ announced that it has acquired Azzaron, Inc., a Workspace as a Service provider located in Mesa, Arizona. The strategic purchase, Evolve IP’s 10th acquisition, is part of the company’s ongoing growth strategy and will provide an increased presence in the American Southwest and deeper penetration into the veterinary, construction and legal vertical markets. Continue reading Evolve IP acquires cloud services provider Azzaron, Inc.