BroadSoft, a global provider of software that enables
mobile, fixed-line and cable service providers to deliver real-time
communications over their IP networks, announced it has signed a definitive
merger agreement to acquire all outstanding shares of Phoenix, Arizona-based
iLinc Communications, in an all-cash transaction.
iLinc is a provider of web conferencing services for
global businesses, governments and educational institutions. The firm’s
Software-as-a-Service (SaaS)-based web collaboration tools enable organizations
to efficiently and cost-effectively engage, learn and collaborate.
The acquisition of iLinc and its web collaboration SaaS
offering will strengthen BroadSoft’s BroadCloud services capabilities that include
high-definition (HD) video conferencing, consumer fixed-line SMS and network
assessment and monitoring capabilities.
“Adoption of additional Unified Communications
services, such as web collaboration, demonstrates the desire by enterprises for
a broad range of communication applications,” said Michael Tessler, chief
executive officer, BroadSoft.
“We believe that by incorporating iLinc into our
Unified Communications services offering we will help our service provider
customers meet the communication needs of businesses of all sizes,”
Tessler added.
“For more than a decade we have been offering an
intuitive web conferencing solution to enterprises that service a variety of
industries to meet their unique needs,” said James M. Powers, chairman,
president & chief executive officer, iLinc Communications,
“With BroadSoft’s market leadership position and
strong international presence, we believe we are joining the right team to best
serve our existing customers and drive significant adoption of our
product,” Powers added.
By Telecomlead.com Team
editor@telecomlead.com
