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 →

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 →

PRESS RELEASE: Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) announced it has completed the acquisition of LANDESK. In conjunction with the transaction close, LANDESK and HEAT Software announced the two organizations have united under a new corporate name: Ivanti. Continue reading LANDESK and HEAT Software Merge to Form Ivanti →