Content Type: Acquisition

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NWN Corporation Acquires Carousel Industries, Creating New $1 Billion Run-Rate National Leader in Cloud Communications and Infrastructure Services

NWN Corporation, the leading Cloud Communications Service Provider (CCSP) delivering solutions for today’s work-from-anywhere environment, has closed the acquisition of Exeter, RI-based Carousel Industries. Backed by New State Capital Partners, the combined entity will deliver an estimated $1 billion run-rate revenue in

Published Date: May 12, 2021    |    Content Type: Industry News

 

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Cisco Announces Intent to Acquire Socio Labs to Power the Future of Hybrid Events

Cisco (NASDAQ: CSCO) today announced the intent to acquire privately-held, U.S.-based Socio Labs, a modern event technology platform that provides event organizers with everything they need to successfully host in-person, virtual or hybrid events of any size and format. Together with Socio Labs, Cisco will enrich Webex Even

Published Date: May 12, 2021    |    Content Type: Industry News

 

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Sonova acquires Sennheiser Consumer Business

Sennheiser and the Sonova Holding AG with headquarters in Stäfa, Switzerland, today announced their future cooperation under the Sennheiser brand. The global provider of medical hearing solutions will fully take over Sennheiser's Consumer Electronics business. Subject to regulatory approval, the plan is to complete the tra

Published Date: May 10, 2021    |    Content Type: Industry News

 

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UC division of eLink Distribution AG joins Midwich Group

Midwich Group, via its German-based AV distributor, Kern & Stelly Medientechnik GmbH (“Kern & Stelly”) has acquired the Unified Communications (“UC”) division of Hamburg-based eLink Distribution AG (“eLink”). eLink provides audio-visual communication and network solutions to trade customers in Germany

Published Date: April 21, 2021    |    Content Type: Industry News

 

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Discord reportedly dismisses Microsoft deal

Discord is ending talks to sell itself to Microsoft or other companies, the Wall Street Journal reports. The popular online chat app was reportedly in talks to sell to Microsoft in March, for a price that valued Discord at over $10 billion. The Wall Street Journal writes that Discord was in talks with at least three othe

Published Date: April 21, 2021    |    Content Type: Industry News

 

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Microsoft in Talks to Buy AI Firm Nuance Communications

Microsoft Corp. is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc., according to people familiar with the matter. An agreement could be announced as soon as this week, said the people, who asked not to be identified because the information is private. The price be

Published Date: April 12, 2021    |    Content Type: Industry News

 

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$10 billion for Discord? Here’s why Microsoft might buy it and why it’s a good fit

Discord, the chatting app that’s popular with video gamers, is reportedly for sale for about $10 billion. According to Bloomberg, Microsoft is one of the interested acquirers. Shares of Microsoft were up more than 1% Tuesday morning following the reports. Microsoft has billions to spend on a social media company. Last

Published Date: March 23, 2021    |    Content Type: Industry News

 

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Altamont Capital Partners Acquires the Assets of WAVE Electronics

Altamont Capital Partners ("Altamont") today announced that it has acquired certain assets of WAVE Electronics, Inc. ("WAVE"), a leading distributor of connected home, audio/video, and residential security products with nine branches across the US. With a broad product portfolio spanning the entire home ecosystem, WAVE i

Published Date: March 23, 2021    |    Content Type: Industry News

 

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TeleComp acquires Houston-based Co-nexus Communication Systems

TeleComp Holdings Inc., a regional technology company headquartered in Rogers, Arkansas, announced the acquisition of Houston, Texas-based Co-nexus Communication Systems, Inc. The acquisition of Co-nexus was finalized on March 5, 2021. TeleComp did not disclose any of the financial details related to the acquisition. Co-

Published Date: March 22, 2021    |    Content Type: Industry News

 

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CounterPath Completes Closing of Acquisition by Alianza

CounterPath stockholders are entitled to receive US$3.49 in cash, without interest, for each share of CounterPath common stock that they held immediately prior to the effective time of the merger, implying an approximate merger consideration of US$25.6 million. As a result of the merger, CounterPath is now a privately he

Published Date: March 3, 2021    |    Content Type: Industry News