Market Overview

8x8 to Acquire Voicenet Solutions for $18.4M in Cash

8x8 today announced it has signed a
definitive agreement to acquire privately-held Voicenet
Solutions, one of the leading providers of cloud business telephony
and communications services in the United Kingdom, for $18.4 million in
cash. The transaction is subject to customary closing conditions and is
expected to close before the end of the calendar year.

Considered a pioneer in the UK market since 2004, Voicenet
Solutions provides a range of award-winning unified communications
services supporting both SMB and mid-market businesses, including fixed
mobile convergence applications that offer the features and

See full press release

Posted-In: News M&A Global

 

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