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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Pechala's Reports
Provider: Pechala's Reports

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Teliphone Corp Acquires Cloud-Phone Inc

Monday, 11 Feb 2013 09:00am EST 

Teliphone Corp announced that it has completed a share purchase agreement through an acquisition entity of the Cloud-Phone Inc. of Calgary. The acquisition of Cloud-Phone is part of Teliphone's business plan which focusses on growth opportunities. Cloud-Phone Inc. provides a suite of cloud-based communication services targeted at small and medium sized businesses. The company sells these services utilizing a Communications-as-a-Service CaaS model to deliver standards-based hosted Voice over IP (VoIP) phone service. The company serves over 300 customers across Canada. Financial details of the transaction will be released through a Form 8K to be filed with the US Securities and Exchange Commission within the prescribed period. 

Company Quote

10 Nov 2014