Site Search

Entries in West Corporation (4)

Thursday
Dec012011

West Corporation to Acquire HyperCube

Source: West Press Release

West Corporation, a provider of technology-driven, voice and data solutions, announced that it has entered into an agreement to acquire HyperCube LLC.

HyperCube was founded in 2005 and is a provider of switching services to telecommunications carriers throughout the United States. HyperCube exchanges or interconnects communications traffic to all carriers, including wireless, wire-line, cable telephony and Voice over Internet Protocol (VoIP) companies.

The acquisition is expected to close prior to the end of the first quarter of 2012 after satisfaction of certain closing conditions, including customary regulatory approvals. West expects this transaction to be accretive to its leverage ratio. After close, HyperCube plans to continue to offer its full portfolio of services to its existing clients and continue to build relationships with other providers.

Monday
Jun062011

West Corporation Completes Acquisition of Smoothstone

Source: West Corporation Press Release

West Corporation announced the completion of its acquisition of Smoothstone IP Communications, adding to its unified communications portfolio.  Smoothstone is now part of InterCall in West's Unified Communications operating segment.

Smoothstone is a provider of cloud-based communications for the enterprise.  They deliver highly flexible and scalable solutions for clients' next-generation IP telephony needs.  

The Smoothstone product portfolio will be available to West's large base of clients, adding cloud-based IP telephony to a growing list of unified communications solutions. Smoothstone will continue to offer its full portfolio of applications and services, and will continue in its mission to help leading enterprises transform the way they communicate.

Tuesday
May102011

West Corporation Continues Buying Spree

Source: The Deal Advisor

On April 20, 2011, voice and data solutions provider West Corporation announced its subsidiary, Intercall, has entered into an agreement to acquire cloud-based unified communications provider Smoothstone IP Communications for approximately $120m. West Corporation has pursued growth through acquisition to solidify its position as a cloud services provider. Matt Lydon looks back at the string of deals that have shaped the company.

Read the analysis here.

Wednesday
May042011

Quandrangle's West Corp to Acquire Cloud Provider Smoothstone

Source: West Corporation Press Release and FCC 214 Filing

West Corporation, a provider of technology-driven, voice and data solutions, and Smoothstone IP Communications, a provider of cloud-based communications solutions for the enterprise, jointly announced that they have entered into an agreement whereby West will acquire Smoothstone. The acquisition adds to West's expanding unified communications (UC) business, which includes InterCall.

Smoothstone develops and delivers highly flexible and scalable solutions for clients' next-generation IP telephony needs. As enterprises upgrade their voice and data infrastructure, Smoothstone offers software-driven applications that exist in the cloud and are delivered through a software-as-a-service (SaaS) model. Smoothstone applications and services reduce the costs, risks and uncertainties of deploying new IP technology. Smoothstone's solutions combine to bring the benefits of unified IP communications to enterprises quickly and reliably.

West will pay approximately $120 million to acquire Smoothstone. The acquisition is expected to close in the second quarter of 2011 after satisfaction of certain closing conditions, including customary regulatory approvals. Upon completion of the acquisition, Smoothstone will become a part of West's Unified Communications operating segment. The Smoothstone product portfolio will be available to West's wide base of clients, adding cloud-based IP telephony to a growing list of West's unified communications solutions. Smoothstone will continue to offer its full portfolio of applications and services and will continue in its mission to help leading enterprises transform the way they communicate.

According to a FCC 214 Filing, West is primarily owned by Gary L. West, Mary E. West (both U.S. citizens) and two investment funds, the Quadrangle Group Funds and the Thomas H. Lee Funds.