Phone Power Announces Acquisition of

Unlimited Calling US/Canada $14.95/mo.Phone Power has acquired, a Voice Over IP service provider headquartered in Boca Raton, Florida. Phone Power has built a solid reputation in providing cutting-edge communications solutions to both residential and business customers. This is the third acquisition for Phone Power in the last twelve months. Financial terms of the deal were not disclosed. The acquisition grows the Phone Power customer base over 25%.
Posted on Oct 11, 2010  Reviews | Share |  Digg
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Calix to Acquire Occam Networks

<calix_logo.gifA href="" rel="nofollow">Calix and Occam Networks announce that the companies have entered into a definitive agreement for Calix to acquire Occam Networks in a stock and cash transaction valued at approximately $171 million, which is approximately $7.75 per outstanding share of Occam Networks stock.

Upon the completion of the acquisition, each outstanding share of Occam Networks common stock (other than those shares with respect to which appraisal rights are available, properly exercised and not withdrawn) will be converted into the right to receive (a) $3.8337 per share in cash, without interest plus (b) 0.2925 of a validly issued, fully paid and non-assessable share of Calix common stock. After the completion of the acquisition is, former Occam Networks stockholders will own between 16.5 percent and 18.9 percent of the outstanding shares of Calix’s common stock based on the number of Calix shares outstanding as of September 15, 2010.
Posted on Sep 16, 2010  Reviews | Share |  Digg
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VocalTec and YMAX/magicJack Announce Merger

vocaltec.jpgVocalTec and YMAX Corp., the creator of magicJack and other products and services have successfully merged and will be traded on the Nasdaq under the symbol: CALL. VocalTec stock will seize to be trading using the symbol (NasdaqCM:VOCL) after close of business today July, 16th 2010. It will commence trading using the symbol (Nasdaq: CALL) on Monday, July 19th, 2010. The parties believe that the combined company has an enterprise value of $245 million and a per share value at least $17.50. The previous holders of VocalTec will have 1,173,294 shares of common stock following the merger. VocalTec expects to have revenues ranging from $110 million to $125 million this year. With over $40 million cash/securities on hand and no debt, VocalTec expects to show a profit in the current quarter. For additional information on this announcement we recommend that investors read the entire press release and the VocalTec press release describing the stock split and review the form 6-K filing with the Securities and Exchange Commission that we expect to be filed on or before Monday, July 19th, 2010, described below.
Posted on Jul 16, 2010  Reviews | Share |  Digg
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Speakeasy to Combine with Megapath and Covad

speakeasy_logo.jpgSpeakeasy has entered into an agreement to combine its business with Covad Communications Company and MegaPath Inc. in a deal that will create the first managed services local exchange carrier able to provide a full range of IP voice, security, VPN and Internet services nationwide. The transaction is expected to close in the third quarter of 2010, contingent upon closing of the previously announced transaction between MegaPath and Covad. Financial terms will not be disclosed.

This transaction will combine Speakeasy’s market-leading small business voice and data services with MegaPath’s wide selection of products and value-added services for distributed enterprises, and make them available over Covad’s intelligent, nationwide broadband network.
Posted on Jun 10, 2010  Reviews | Share |  Digg
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Sparkplug Expands Its Business Broadband and VoIP Presence in Arizona with Acquisition

Sparkplug will be expanding its wireless broadband presence in Arizona through the acquisition of certain business assets from MetroBridge Networks. Under the terms of the newly signed definitive agreement, Sparkplug will acquire MetroBridge's assets operating in Phoenix, Ariz., including all customer contracts, network infrastructure and related assets. This acquisition will contribute immediate positive EBITDA to the company and provide deeper coverage in Mesa and South Phoenix. It will also increase Sparkplug's Points of Presence in the Valley by 33 percent and bolster its customer base by 13%.
Posted on May 21, 2010  Reviews | Share |  Digg
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Google to Acquire Global IP Solutions for 68.2M

GIPS_Logo2.gifGoogle and Global IP Solutions have entered into a transaction agreement under which Google Acquisition Holdings Inc., a wholly owned subsidiary of Google, will make a recommended voluntary public cash offer to acquire all the issued and to be issued shares of GIPS for NOK 13.0 (USD 2.12) in cash per share, or an aggregate price of approximately NOK 421 million (USD 68.2 million) based on the currently issued and outstanding share capital of GIPS.

“The Web is evolving quickly as a development platform, and real-time video and audio communication over the Internet are becoming important new tools for users,” said Rian Liebenberg, Engineering Director at Google. “GIPS’s technology provides high quality, real-time audio and video over an IP network, and we’re looking forward to working with the GIPS team at Google to continue innovating for the Web platform.”
Posted on May 18, 2010  Reviews | Share |  Digg
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CenturyLink and Qwest Agree to Merge

CenturyLink and Qwest announce that their boards of directors have approved a definitive agreement under which CenturyLink will acquire Qwest in a tax-free, stock-for-stock transaction. Under the terms of the agreement, Qwest shareholders will receive 0.1664 CenturyLink shares for each share of Qwest common stock they own at closing. Upon closing of the transaction, CenturyLink shareholders are expected to own approximately 50.5 percent and Qwest shareholders are expected to own approximately 49.5 percent of the combined company.
Posted on Apr 23, 2010  Reviews | Share |  Digg
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Covad and MegaPath Announce Merger Agreement

text-partnership.jpgCovad and MegaPath announce an agreement to combine the operations of Covad and MegaPath. Pending federal and state regulatory approvals, the transaction will create one of the largest managed service local exchange carriers in the United States. The combined businesses will have the largest Ethernet, DSL and T1 footprint in North America and be the only MSLEC capable of providing a full range of Internet, voice, security and VPN services nationwide.
Posted on Mar 31, 2010  Reviews | Share |  Digg
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Nortel Gets Courts Nod of Approval for Sale of its VoIP Business to Genband

Nortel_logo.jpgGENBAND announces that its agreement with Nortel to acquire substantially all assets of Nortel's Carrier VoIP and Application Solutions Business has been approved by bankruptcy courts in Canada and the United States.

GENBAND announced on Dec. 23, 2009 that it will purchase substantially all CVAS product platforms, all patents predominantly used and other IP exclusively used in Nortel’s CVAS business, including softswitching, gateways, SIP applications and TDM products and services. The agreement also provides for the transition of substantially all of Nortel's CVAS customer contracts to GENBAND. GENBAND anticipates closing the sale in the second quarter of 2010, which is subject to the satisfaction of customary closing conditions.
Posted on Mar 04, 2010  Reviews | Share |  Digg
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GENBAND Selected to Acquire Nortel’s CVAS Assets

GENBAND will acquire substantially all assets of the Nortel Carrier VoIP and Application Solutions Business. The acquisition is subject to court and certain regulatory approvals in Canada, the United States and other jurisdictions, as well as other closing conditions.

The acquisition will combine GENBAND’s next-generation media, session and security gateway technologies and Nortel’s softswitch, media gateway and application technologies, offering service providers a best-in-class, end-to-end switching and global services portfolio.
Posted on Feb 24, 2010  Reviews | Share |  Digg
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NET Acquires Evangelyze's SmartSIP Product Line and Customer Base

Network Equipment Technologies has acquired Evangelyze Communications's SmartSIP product line and customer base. According to NET, the SmartSIP product line includes both the SmartSIP and SmartVoIP products. SmartSIP enables UC presence and interoperability for SIP phones while providing integration for Microsoft's Office Communications Server with IP-PBXs and integration for ITSP voice providers.

SmartSIP product development and support will be led by NET's Eatontown, New Jersey, engineering team, which came with the company's acquisition of Quintum Technologies.
Posted on Feb 05, 2010  Reviews | Share |  Digg
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Rebtel Acquires Talkster Service

rebtel_logo.gifRebtel has acquired Free World Dialing, an award-winning consumer calling service from Talkster. Talkster's Free World Dialing customers will now have access to Rebtel's Free Calls solution, the only VoIP service offering unlimited free international mobile calls between 51 countries.

Launched in October 2007 at the CTIA Wireless Entertainment and I.T. exposition, Talkster's Free World Dialing service was immediately hailed as a breakthrough new service, winning "Best In Show." Since then Free World Dialing continued to win widespread recognition along with a number of industry awards, including Mobile Star's Best Consumer VoIP App and Communications Solutions Product of the Year. Rebtel has acquired the full rights to the Free World Dialing service and its customers for an undisclosed sum. Under the agreement, Rebtel now carries all of Talkster's international calls.
Posted on Jan 20, 2010  Reviews | Share |  Digg
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Telefónica Acquires JAJAH for $207 Million in Cash

jajah_logo2.jpgTelefónica announces the acquisition of the leading communications innovator JAJAH for the value of $207 million in an all-cash transaction. The agreement is subject to formal clearance by CNC, the Spanish competition authority.

The purchase of JAJAH – based in Silicon Valley, California, and Israel – significantly enriches Telefónica’s capabilities to offer cutting-edge communications services for customers online – whenever, wherever and however they want.
Posted on Dec 28, 2009  Reviews | Share |  Digg
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VocalTec Acquires All Assets of Outsmart

vocaltec.jpgVocalTec has acquired substantially all of the assets of Outsmart. The Outsmart assets acquired by VocalTec included Outsmart's technology and intellectual property, as well as its primary customer and partner contracts. The engagement by VocalTec of certain Outsmart personnel is intended to enable the continued development and support and an uninterrupted transition to all Outsmart customers and partners.

Outsmart’s mobile VoIP and Intelligent Network products are a strategic addition to VocalTec’s existing portfolio of VoIP solutions. The combined portfolio positions VocalTec as a provider of VoIP solution and applications to both fixed line and mobile service providers.
Posted on Dec 10, 2009  Reviews | Share |  Digg
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Official: Google Acquires VoIP Firm Gizmo5

gizmoproject_logo.bmpGoogle said on Thursday that it has acquired California-based VoIP company Gizmo5 for an undisclosed sum. Reports said that the purchase price was approximately USD30m.

This acquisition will further broaden Google's range of communication services, adding technologies for voice, text and video communications.
Posted on Nov 16, 2009  Reviews | Share |  Digg
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