BroadSoft Acquires Sylantro

Mon Dec 29, 2008 6:00am EST
 
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VoIP Application Pioneers Unite To Bolster Global Leadership Position

GAITHERSBURG, Md., Dec. 29 /PRNewswire/ -- BroadSoft, Inc., the leading
worldwide provider of Voice-over-Internet Protocol (VoIP) applications to the
telecommunications industry, today announced it has acquired Sylantro Systems
Corporation, a provider of VoIP applications based in Campbell, California.
    "Sylantro has been a strong competitor of BroadSoft for 10 years.  This
acquisition further advances our market and innovative leadership position,"
said Michael Tessler, president and CEO of BroadSoft.  "Sylantro's solutions,
talent and customers complement BroadSoft's business and enhance our ability
to deliver compelling solutions and services to our customers."
    The acquisition extends BroadSoft's leadership in VoIP applications.  To
serve its growing customer base, BroadSoft now has development and customer
operations centers in Montreal, Canada; Dallas, Texas; Bangalore, India;
Sydney, Australia; Belfast, Northern Ireland; and Gaithersburg, Maryland.
    "BroadSoft and Sylantro have long histories of helping telecommunications
service providers deliver IP communications services to businesses and
consumers around the world," Marco Limena, president and CEO of Sylantro.  "By
joining forces, the two companies are in a position to create a market leading
global entity with a shared vision and infrastructure to meet the needs of our
valued customers and the challenges of a competitive industry landscape."
    BroadSoft did not disclose terms of the transaction.  BroadSoft intends to
support Sylantro's Synergy platform through its direct sales force and
authorized Sylantro and BroadSoft partners.
    About BroadSoft
    BroadSoft(R) provides VoIP application software that enables the delivery
of hosted telephony and multimedia services. 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 increase revenue, enhance competitive
differentiation 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 broadband customers.
BroadSoft provides VoIP applications to eight of the top 10 and 14 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 Sylantro Systems
    Sylantro Systems offers the Multiplay Application Feature Server to enable
rich, hosted IP communication services across fixed, mobile, and cable
networks.  Sylantro's Synergy multiplay platform and Synapps Web Services
provide a carrier-grade, feature-rich, web services-enabled common capability
for creating new converged experiences for businesses and consumers. Sylantro
customers include AT&T, China Netcom, Nuvox, QWEST, StarHub, Swisscom, and
others. Sylantro is headquartered in Campbell, California.
    BroadSoft and BroadWorks are registered trademarks of BroadSoft, Inc.  All
other names are trademarks of their respective owners.

    For further information contact:

    BroadSoft
    Kristin Martell
    +1 (240) 364-5147
    kmartell@broadsoft.com


SOURCE  BroadSoft, Inc.

Kristin Martell of BroadSoft, +1-240-364-5147, kmartell@broadsoft.com

 

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