News
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Windstream (Winstream Holdings, Inc., NASDAQ: WIN: $7.90), a leading provider of advanced network communications and technology solutions for consumers, enterprises, and wholesale providers across the U.S, announced in November 2016 that they reached a deal to acquire Atlanta-based telecommunications company EarthLink (Earthlink Holdings, NASDAQ: ELNK: $5.98). Now a few months later, it seems that the companies are one step closer to finalizing the merger as the Federal Trade Commission (FTC) has recently given a clean antitrust review bill of health to the proposed merger.
Cloud-based team collaboration tools and integrations were trending in 2016, and have continued to do so in the new year. From instant messaging to file sharing, voice and/or video calling, and more, team collaboration tools offer a plethora of features that have enabled distributed teams to work together more efficiently, both in and outside of the office. This year, the demand for team collaboration tools is expected to grow even more as additional businesses come to realize the value of the cloud.
Forming long-lasting strategic partnerships with another business is a key factor in speeding up the growth of a company. It can help a company get better exposure and expand their reach to new customers. In the Voice over Internet Protocol (VoIP) communications space, an example of a good partnership that brings mutual benefits is between Audiocodes, an innovative leading supplier of converged VoIP and data solutions for enterprises and service providers, and Genesys, an industry leader in omnichannel customer experience & contact center solutions.
Leading cloud networking provider GTT communications has agreed to acquire submarine cable provider Hibernia Networks for $590 million in cash and stock.
Under the terms of the agreement, $515 million will be paid by GTT in cash, and about 3.3 million shares of GTT common stock, which is valued at $75 million, will be issued to the sellers at closing. The deal, expected to close by the end of first quarter of 2017, is set to scale GTT’s IP network and customer reach.
In line with its mission to rid the world of desk phones, San Francisco-based cloud communications solutions provider Dialpad recently inked an alliance with SoftBank Corp. to bring Dialpad’s pure-cloud business communications solution to Japan.
The deal enables Softbank, a multinational Japanese telecommunications and Internet corporation, to offer Dialpad to its customers. It also makes Dialpad the first pure cloud communications provider to enter into the Japanese market, which is one of the largest economies and technology markets in the world.
2016 is proving to be an interesting year for the cloud communications space with the number of mergers, acquisitions, and deals sweeping through the sector like wildfire.
Many industry experts and analysts have declared that mobile solutions are the future of the work industry. With an ever-increasing number of smartphone users and the growing rate of remote workers, there’s no doubt that we’re moving towards a fully mobile future. To address this trend, many cloud communications providers have introduced their own solutions to cater to the needs of mobile enterprise users.
Shopping around for a high quality and efficient business telephone service that could give you significant savings? Look no further than Vonage Business. A leading Voice over Internet Protocol (VoIP) service provider, Vonage offers flexible, reliable, and feature-rich cloud-based phone solutions that suit all types and sizes of business.
The merger agreement entered into by collaboration and communication technology provider Polycom and Canadian telecommunications company Mitel Networks Corp. has been terminated after Polycom approved a higher offer from Siris Capital Group.
Less than two months after announcing it entered into a definitive merger agreement with Canadian telecommunications company Mitel Networks Corp., Polycom disclosed on Wednesday that it has received a competing acquisition offer from an unnamed private equity firm.
Apple Inc. (NASDAQ: AAPL) finds itself in yet another patent infringement lawsuit--this time from Bellevue-based company VoIP-Pal.com Inc.
Following months of speculation, Mitel finally announced its intention to acquire collaboration and communication technology provider Polycom on April 15. The deal (which has been talked about in the telecommunications space since October 2015) is valued at approximately $1.96 billi
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