GAITHERSBURG, MD, October 31, 2016 – BroadSoft, Inc. (NASDAQ: BSFT), a global unified communication software as a service (UCaaS) leader, has acquired VoIP Logic, a wholesale provider of BroadWorks-based cloud communications services to internet and other service providers in the US. VoIP Logic has been successful in growing its customer base by offering an attractive cloud wholesale offer to its customers. This cloud model will be added to the BroadSoft BroadCloudⓇ portfolio and addresses the needs of service providers who want greater control of their platform.
With best-of-breed technology and proven geographic resiliency, security and uptime, VoIP Logic offers service providers the control and flexibility to design, integrate and update their cloud services to address their customer’s evolving requirements. As an established cloud PBX and BroadSoft UC-OneⓇ application provider, VoIP Logic will complement the BroadCloud UCaaS solution, which enables service providers to leverage the feature-rich capabilities, flexibility and reliability of BroadWorksⓇ and UC-One while transforming from a CAPEX-intensive infrastructure to a scalable, flexible OPEX service model. VoIP Logic will represent an exciting complementary piece of the BroadSoft SaaS portfolio.
“We see that a large percent of data consumed by today’s business is through cloud services, which is why BroadSoft has become the go-to cloud transformation partner for service providers seeking to rapidly shift their legacy telecom infrastructure to a network capable of delivering enterprise cloud applications for mobile unified communication, team collaboration and customer engagement,” said Taher Behbehani, chief digital and marketing officer, BroadSoft. “VoIP Logic further strengthens our BroadCloud UCaaS solution portfolio, and the ability for our service provider customers to fully benefit from the cloud.”
For 2016, BroadSoft expects the acquisition to contribute approximately $800,000 in revenue and be $0.01 dilutive to its non-GAAP earnings.
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