Tuesday, September 27, 2005

Raindance to Acquire Bell Canada's Conferencing Assets

Raindance Communications, a provider of integrated multimedia conferencing services, acquire certain revenue-generating assets and assume certain related obligations of BCE Conferencing Inc., a subsidiary of Bell Canada, for $6 million in cash.

BCE Conferencing delivers operator-assisted and reservationless audio conferencing, web conferencing and webcasting to its U.S.-based customers. Through this acquisition, Raindance will bring additional benefits to the newly acquired customers of BCE Conferencing, including tightly integrated audio conferencing, expanded web management tools and direct access to Raindance's 24x7x365 customer support.

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