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IP5280 Announces Acquisition of RockyNet Hosted VoIP Business Customer Base
IP5280 Communications
announces the acquisition of the VoIP and Internet services business accounts of
RockyNet
. The acquisition of RockyNet’s IP telephony customers increases IP5280’s customer base by over 15% and solidifies IP5280’s position as the largest business IP telephony communications provider in the Rocky Mountain region. Financial terms of the deal were not disclosed; however, the acquisition is immediately accretive to IP5280 and bolsters 2011 revenue and EBITDA.
Also announced, the companies have joined forces to serve businesses’ demand for cloud-based communications through a commercial agreement which enables the companies to leverage their strengths in the joint design, delivery and operations of IP services to business customers throughout the region. Both companies are recognized innovators in IP communications, and the new partnership allows both to focus and to specialize on their strengths, while arming them with broad cloud communication functionality, such as voice, managed application services, server virtualization, security and service delivery.
A key piece of the IP5280 asset purchase is RockyNet’s IP Call-Control platform that will be integrated into the IP5280 CLOVER, the company’s cloud-based computing platform. CLOVER’s patent-pending architecture leverages a network of best-of-breed feature servers – including Broadsoft, Microsoft OCS and open source – to deliver optimal performance, increased redundancy and enhanced customization capabilities at a lower cost point. RockyNet customers will be seamlessly integrated into the IP5280 CLOVER network architecture.
To further ensure a smooth transition of the customers and continued satisfaction of IP5280 customers, RockyNet’s Sheri Harrington and Seth Justice will immediately assume prominent roles in the technical operations team of IP5280.
Posted on Feb 09, 2011
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