VoIP Innovations: Sangoma Acquires VoIP Innovations, for Up To US$42M

Sangoma Technologies Corporation (TSXV:STC), a Markham, Ontario, Canada-based provider of Unified Communications solutions, acquired VoIP Innovations, a Pittsburgh, PA-based technology company that specializes in wholesale SIP trunking. Under the terms of the deal, Sangoma paid an upfront consideration of US$36m, which consisted of US$30m in cash and US$6m in Sangoma common shares. In addition, there [...]The post Sangoma Acquires VoIP Innovations, for Up To US$42M appeared first on FinSMEs.