Broadvox and Cypress Communications announce the signing of a merger agreement. Award-winning hosted unified communications provider Cypress Communications is known for helping to define the unified communications as a service category and has been providing hosted communications to small and mid-sized businesses and enterprises for more than 25 years. As a worldwide communications leader, Broadvox has nearly a decade of experience in providing SIP Origination and Terminating services to carriers. In 2007, Broadvox began offering SMBs and SMEs various SIP Trunking products and this year expanded the offering with virtual PBX hosted services.

While both companies deliver a hosted VoIP and hosted unified communications solution, neither customer base is expected to be affected by the merger. Customers using Cypress’ C4 IP product and those using Broadvox’s GO!VBX will see no changes in their current feature sets, phones, or technology platforms. The Cypress C4 IP solution is ideally suited for enterprises, while GO!VBX primarily targets SMBs.

Cypress will gain access to Broadvox’s network backbone for direct origination and termination of voice traffic to more effectively serve the needs of its expanding customer base. Broadvox will benefit from the increased utilization of its network backbone and the ability to enhance its carrier, SMB and SME offerings with the Cypress Communications’ unified communications suite of services.

The Breckenridge Group, Inc. and Iridius Capital Group acted as financial advisors in this transaction and King and Spalding and Calfee, Halter & Griswold LLP acted as legal advisors. The closing date of the merger is subject to certain terms and conditions customary for transactions of this type, including regulatory approvals. Finalization of the transaction is expected within 60-90 days. Because the two companies are privately held, no other merger details will be made available.