BroadSoft acquires Sylantro as VoIP market consolidates

By Jim Duffy and Network World staff, Network World |  Networking, BroadSoft, Sylantro Systems

BroadSoft, a provider of VoIP applications to telecom service providers, this week said it acquired competitor Sylantro Systems for an undisclosed sum.

BroadSoft provides VoIP application software designed to enable service providers to deliver hosted telephony and multimedia services to businesses and consumers. It recently aired a hosted unified communications service in conjunction with Microsoft.  

Sylantro offers server software for hosted IP communication services across fixed, mobile, and cable networks. Sylantro's Synergy and Web services software provide a platform for creating converged services for businesses and consumers (Sylantro recently announced compatibility of its Synergy platform with Amazon Web Services' Elastic Compute Cloud.)

BroadSoft acquired Sylantro to eliminate a competitor and build its market position in VoIP applications. BroadSoft provides VoIP applications to eight of the top 10 and 14 of the top 25 largest carriers worldwide, including Korea Telecom, KPN, SingTel, Sprint, Telefonica de Espana, Telstra, T-Systems and Verizon.

Sylantro customers include AT&T, China Netcom, QWEST and Swisscom, among others.

BroadSoft said it intends to support Sylantro's Synergy platform through its direct sales force and authorized Sylantro and BroadSoft partners.

Industry watcher Om Malik writes on Gigaom that he understands no cash passed hands in this deal, and that BroadSoft assumes Sylantro's debt. BroadSoft has raised more than $76 million in venture funding, while Sylantro has collected in the neighborhood of $116 million.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Spotlight on ...
Online Training

    Upgrade your skills and earn higher pay

    Readers to share their best tips for maximizing training dollars and getting the most out self-directed learning. Here’s what they said.

     

    Learn more

NetworkingWhite Papers & Webcasts

See more White Papers | Webcasts

Answers - Powered by ITworld

ITworld Answers helps you solve problems and share expertise. Ask a question or take a crack at answering the new questions below.

Join us:
Facebook

Twitter

Pinterest

Tumblr

LinkedIn

Google+

Ask a Question