BroadSoft has acquired GENBAND's M6 Communication Applications Server, formerly VocalData, product line and related customer base. Financial terms were not disclosed.
GENBAND is the leading supplier of IP gateways for a diverse set of service provider networks worldwide.
BroadSoft said its acquisition of the M6 product line will extend its market position in the VoIP applications market. The acquisition will also enable GENBAND to focus its efforts on further advancing their gateway product innovation.
The companies have also entered into an agreement to cooperate on Network Transformation projects, which will allow their customers to bundle core voice, data and web-based services across an IP network.
- In 2007, GENBAND acquired Tekelec's Switching Solutions Group (SSG). The deal was structured as a sale of Tekelec's equity interests in Santera Systems and Taqua, and the SSG business assets held by Tekelec in exchange for a 19.9% common equity interest in GENBAND, $1.0 million in cash and GENBAND's assumption of certain SSG liabilities. Tekelec's switching solutions business unit included the businesses Santera, VocalData and Taqua, all of which had been acquired by Tekelec between 2003 and 2004.
- In 2004, Tekelec acquired VocalData, a start-up that developed a hosted IP telephony platform for business and residential customers, for approximately $27.5 million, consisting of $14.5 million of cash and approximately 780,000 shares of Tekelec common stock.