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10-18-2010, 05:13 PM
SIP Trunking provider Broadvox and unified communications as a service provider Cypress Communications have announced that they are merging. The two companies both offer hosted VoIP services and with the merger, each fulfills a particular target market for the other.
While Broadvox's Go!VBX has traditionally targeted SMBs, Cypress C4 IP solution has mainly targeted the enterprise. By merging, the newly formed company will have one of the largest VoIP footprints with more that 10,000 business customers and even more end users. With the merger, Cypress gets access to Broadvox's VoIP network backbone to direct origination and termination of voice traffic, while Broadvox will expand the use of its network backbone as well as enhance its carrier, SMB and SME offerings with the Cypress Communications' unified communications suite of services.
Since the two target areas don't quite overlap, the companies wanted to assure their respective customers that their services would continue like 'business as usual.' The merger should be finalized in 60-90 days.
For more:
- read the release (http://www.fiercevoip.com/press-releases/leading-voip-and-unified-communication-providers-announce-merger-agreement)
Related news:
Samsung and Broadvox announce interoperability (http://www.fiercevoip.com/story/samsung-and-broadvox-announce-interoperability/2010-10-11)Broadvox and Grandstream launch CPE device with Go! SIP Trunking (http://www.fiercevoip.com/story/broadvox-and-grandstream-launch-cpe-device-go-sip-trunking/2010-07-12)
More... (http://www.fiercevoip.com/story/broadvox-and-cypress-communications-merge/2010-10-18?utm_medium=rss&utm_source=rss)
While Broadvox's Go!VBX has traditionally targeted SMBs, Cypress C4 IP solution has mainly targeted the enterprise. By merging, the newly formed company will have one of the largest VoIP footprints with more that 10,000 business customers and even more end users. With the merger, Cypress gets access to Broadvox's VoIP network backbone to direct origination and termination of voice traffic, while Broadvox will expand the use of its network backbone as well as enhance its carrier, SMB and SME offerings with the Cypress Communications' unified communications suite of services.
Since the two target areas don't quite overlap, the companies wanted to assure their respective customers that their services would continue like 'business as usual.' The merger should be finalized in 60-90 days.
For more:
- read the release (http://www.fiercevoip.com/press-releases/leading-voip-and-unified-communication-providers-announce-merger-agreement)
Related news:
Samsung and Broadvox announce interoperability (http://www.fiercevoip.com/story/samsung-and-broadvox-announce-interoperability/2010-10-11)Broadvox and Grandstream launch CPE device with Go! SIP Trunking (http://www.fiercevoip.com/story/broadvox-and-grandstream-launch-cpe-device-go-sip-trunking/2010-07-12)
More... (http://www.fiercevoip.com/story/broadvox-and-cypress-communications-merge/2010-10-18?utm_medium=rss&utm_source=rss)