CentricVoice Acquires Voice Services Business and Expands Product Offering.
DALLAS -- CentricVoice, Inc. nationwide innovators of VoIP communications, announced its acquisition of the VoIP assets of Charlestown, Massachusetts-based LineSider Communications. The customer base had been primarily managed by LineSider's Denver office.
"This customer acquisition not only augments our M&A strategy, but also offers a unique partnership with LineSider by adding a high-quality, high demand IPVPN solution to our product suite," stated Jeff Rothell, CEO of CentricVoice. "We also look forward to having LineSider as a new member or our partner channel."
Porter Farrell, CentricVoice EVP, added, "We are seeing more and more opportunities to acquire good books of business that mesh perfectly with our network and service offerings. LineSider's VoIP customers were ideally suited for our acquisition model. We have a number of additional acquisition targets and are pursuing them aggressively."
"This sale makes a lot of sense for both parties," said Harley Stowell, CEO of LineSider. "CentricVoice instantly increases their customer base and geographic footprint, adding quality accounts in key vertical markets of finance and insurance. And at LineSider, we can now focus entirely on the sale and marketability of our core technology, WirePower, a network operating system that provides the management tools critical in controlling a converged enterprise networking environment."
CentricVoice is already transitioning the customers to the CentricVoice network.
About CentricVoice
CentricVoice, headquartered in Dallas, is a privately-held company with a nationwide footprint providing a suite of IP products, including Voice, Data, and enhanced features that include Hosted PBX, IPVPN, web conferencing, video conferencing, and IP phones. CentricVoice provides services to the SMB and Enterprise market through direct sales and an aggressive partner channel focused on ISPs, CLECs, Interconnects, and new market entrants providing VoIP services. More information on CentricVoice can be found at www.centricvoice.com.
About LineSider Communications
LineSider Communications is a global IP communications provider, managing secured voice and data services for the IP Age(TM). LineSider removes the barriers traditionally associated with secure communications and provides carriers and enterprise customers the world's first fully integrated suite of converged IP voice and data services. The management team is made up of seasoned veterans with proven track records in multiple communication market segments, in data security, and in commercializing the automation of complex business processes. For more information see us at www.linesider.net
"This customer acquisition not only augments our M&A strategy, but also offers a unique partnership with LineSider by adding a high-quality, high demand IPVPN solution to our product suite," stated Jeff Rothell, CEO of CentricVoice. "We also look forward to having LineSider as a new member or our partner channel."
Porter Farrell, CentricVoice EVP, added, "We are seeing more and more opportunities to acquire good books of business that mesh perfectly with our network and service offerings. LineSider's VoIP customers were ideally suited for our acquisition model. We have a number of additional acquisition targets and are pursuing them aggressively."
"This sale makes a lot of sense for both parties," said Harley Stowell, CEO of LineSider. "CentricVoice instantly increases their customer base and geographic footprint, adding quality accounts in key vertical markets of finance and insurance. And at LineSider, we can now focus entirely on the sale and marketability of our core technology, WirePower, a network operating system that provides the management tools critical in controlling a converged enterprise networking environment."
CentricVoice is already transitioning the customers to the CentricVoice network.
About CentricVoice
CentricVoice, headquartered in Dallas, is a privately-held company with a nationwide footprint providing a suite of IP products, including Voice, Data, and enhanced features that include Hosted PBX, IPVPN, web conferencing, video conferencing, and IP phones. CentricVoice provides services to the SMB and Enterprise market through direct sales and an aggressive partner channel focused on ISPs, CLECs, Interconnects, and new market entrants providing VoIP services. More information on CentricVoice can be found at www.centricvoice.com.
About LineSider Communications
LineSider Communications is a global IP communications provider, managing secured voice and data services for the IP Age(TM). LineSider removes the barriers traditionally associated with secure communications and provides carriers and enterprise customers the world's first fully integrated suite of converged IP voice and data services. The management team is made up of seasoned veterans with proven track records in multiple communication market segments, in data security, and in commercializing the automation of complex business processes. For more information see us at www.linesider.net
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| Publication: | Business Wire |
|---|---|
| Date: | Mar 1, 2006 |
| Words: | 380 |
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