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