Kandy: Skyvera to Acquire American Virtual Cloud Technology Assets

Skyvera announces its successful bid to acquire substantially all assets of American Virtual Cloud Technologies, Inc. “AVCT” (Nasdaq: AVCTQ) and specified affiliates (including, without limitation, Kandy Communications, LLC). AVCT, via its Kandy business unit, provides global, carrier-grade, white-label cloud communications services. These include Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS), Microsoft Teams Direct Routing as a Service, as well as a rich portfolio of real-time communications APIs and supporting functions.