BroadSoft Acquires GENBAND's M6 Communication Applications Server
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GAITHERSBURG, Md., and PLANO, Texas, Aug. 27 /PRNewswire/ -- BroadSoft,
the leading global provider of voice-over-Internet-protocol (VoIP)
applications to the telecommunications industry, today announces their
acquisition of GENBAND's M6 Communication Applications Server, formerly
VocalData, product line and related customer base. GENBAND is the leading
supplier of IP gateways for a diverse set of service provider networks
worldwide.
BroadSoft's acquisition of the M6 product line will allow it to further
extend its market-leadership position in the VoIP applications market. The
acquisition will also enable GENBAND to focus its efforts on further advancing
their gateway product innovation. In recent months Synergy Research Group and
Infonetics Research have independently recognized BroadSoft as the market
leader in voice application servers and GENBAND as the leader in VoIP media
gateway shipments.
"Our mutual product strengths made BroadSoft's acquisition of the M6
technology and customer base a logical business strategy for both
organizations," said Michael Tessler, President and CEO of BroadSoft. "Our new
customers will continue to receive the highest quality customer service as
well as our dedicated focus to ensuring their satisfaction -- consistent with
the quality provided to all BroadSoft customers worldwide."
BroadSoft recognized GENBAND's divestiture of its M6 application product
as a powerful opportunity to enhance its market leadership in the VoIP
applications industry. As a result of this acquisition, BroadSoft's total
customer base will grow to 435. No voice application server provider
currently boasts the size, depth or reach of BroadSoft's customer base.
"In making this decision, it was important to GENBAND to find the right
company who would ensure the continued success of our customers," said Charles
Vogt, President and CEO of GENBAND. "We feel strongly that this partnership
will ultimately strengthen the M6 product and as a result, its customers will
benefit from the communication innovations BroadSoft brings to market."
This acquisition is the beginning of a long-term partnership for BroadSoft
and GENBAND. The companies have 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.
About BroadSoft
BroadSoft(R) provides VoIP application software that enables the delivery
of hosted telephony and multimedia services to customers in 61 countries
world-wide. Its award-winning flagship BroadWorks(R) technology empowers
wireless, wireline and cable carriers to deliver next-generation voice and
multimedia applications and advanced features that enable them to grow
revenue,
introduce competitive offers and elevate customer satisfaction. BroadSoft's
family of carrier-class software products delivers the scale, open
architecture and reliability that the world's leading telecommunications
companies demand to serve mission-critical enterprise and residential
customers. BroadSoft provides VoIP applications to seven of the top 10 and 13
of the top 25 largest carriers worldwide, as measured by recent annual
revenue,
including Korea Telecom, KPN, SingTel, Sprint, Telefonica de Espana, Telstra,
T-Systems, and Verizon. For additional information, go to www.BroadSoft.com
About GENBAND
GENBAND is a leading supplier of next generation IP gateway solutions
deployed in over half of the world's largest service providers spanning more
than 60 countries. These high-performance gateway platforms are at the center
of fixed and mobile networks around the globe, evolving, securing and
enhancing communications networks. Headquartered in Plano, Texas, GENBAND has
research and development facilities in Texas, China, and Brazil. Additional
information is available at www.genband.com
BroadSoft and BroadWorks are registered trademarks of BroadSoft, Inc. All
other names are trademarks of their respective owners.
SOURCE BroadSoft
Leslie Ferry, +1-240-364-9038, leslieferry@broadsoft.com, or Amber La Croix,
+1-248-304-1431, aklacroix@airfoilpr.com, both of BroadSoft, Inc.; or Kim Lee,
+1-972-265-3766, kim.lee@genband.com, or Frank Puglia, +1-972-265-3612,
frank.puglia@genband.com, both of GENBAND
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