Fusion Telecommunications International, Inc. (OTC: FSNN) said it has signed an agreement for a subsidiary to acquire the customer base and other specified assets used in the operation and delivery of the cloud-based voice, unified communications and managed network services business of Broadvox, LLC, for a purchase price of USD32.1m, subject to adjustment.
Following completion of the acquisition, Fusion said it intends to integrate the network infrastructure, operating platforms and personnel employed in the current delivery of Broadvox´s business cloud communications services into the company´s NBS Business Services division.
The acquisition is scheduled to close during the fourth quarter 2013, subject to the satisfaction of certain conditions, including Fusion´s receipt of sufficient financing to fund payment of the USD32.1m purchase price.
Fusion is a global provider of unified communications and cloud solutions to businesses and carriers worldwide. Fusion´s advanced, high availability service platform enables the integration of leading edge products and services in the cloud, including voice, data, managed network services, cloud computing, storage, information technology, data centre services and security. For more information, visit www.fusiontel.com.
Broadvox is a leader in providing customized, integrated cloud-based voice and unified communications solutions to support SMB, enterprise and carrier customers. Broadvox is headquartered in Dallas, Texas. For more information, visit www.broadvox.com