3/6/2023 0 Comments Junction networks onsipRackspace appears poised to go public sometime this week. Their core business has been the hosted PBX service, which is built upon SIP standards. Key investments and ownership stakes have included Rackspace Technologies and Presidio, among others. Junction Networks OnSIP Launches Into WebRTC Platform-as-a-Service Offering ApMichael Graves VoIP This week OnSIP, long known for its popular SMB hosted PBX service, launched a new initiative offering WebRTC based platform-as-a-service. at the time.Īpollo has been active in the IT services market. OnSIP Hosted VoIP is a leading cloud phone system and PBX replacement for medium-sized businesses. Apollo paid about $2 billion for the business, which was known as West Corp. This is Intrado’s 2nd transaction in New York. This is Intrado’s 20th transaction in the United States. Private equity firm Apollo Global Management has owned Intrado since 2017. M&A Deal Summary Intrado Acquires OnSIP On August 3, 2020, Intrado acquired internet software and services company OnSIP Acquisition Highlights This is Intrado’s 5th transaction in the Internet Software and Services sector. Intrado Corporation (Intrado or the Company), a global provider in technology-enabled services, announced that it has acquired Junction Networks, Inc. We are pleased to welcome OnSIP employees, customers, and partners to Intrado.” American Translation Partners, opted to use OnSIP (aka Junction Networks) due to. OnSIP’s proprietary cloud-calling solution rounds out our product portfolio and will allow Intrado to better serve the communication needs of SMB clients. Download OnSIP for macOS 10.11.0 or later and enjoy it on your Mac. “OnSIP’s powerful technology is extremely flexible and easy to implement, use and support. Fortunately, we made one Download our VoIP glossary here. John Shlonsky, CEO and pesident of Intrado, commented on the deal: OnSIP 1mo Report this post VoIP has so many acronyms (including its name) that it merits a dedicated dictionary. Over the time it has been ranked as high as 51 249 in the world, while most of its traffic comes from USA, where it reached as high as 13 613 position. (NYSE: OOMA), a Sunnyvale, CA-based smart communications platform for businesses and consumers, acquired Junction Networks Inc., which does business as OnSIP, a. With the addition of OnSIP, Intrado can now offer a fully-integrated product solution that spans collaboration, calling, meetings, events, contact center and messaging tools along with real-time support, professional services, self-service capabilities and a global reach, the company said.
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