Cisco is set to acquire publicly-held BroadSoft and its cloud-based tools. Cisco will seek to deploy BroadSoft’s cloud-based calling and communication solutions through partnered service providers with Cisco’s hardware and services offerings.
From the release: “We are excited about this transaction, which represents the culmination of a robust process undertaken by BroadSoft’sBoard of Directors to maximize shareholder value,” said Michael Tessler, president and CEO, BroadSoft. “As businesses continue to move toward the cloud in search of simplicity and speed, joining Cisco will allow us to deliver best-in-class collaboration tools and services. BroadSoft’s hosted offerings, sold through the Service Providers and aimed at small and medium businesses, are highly complementary to Cisco’s on-premises and enterprise-centric HCS offerings. Together, we can inspire teams to create, collaborate and perform in ways never before imagined.”
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