Monday, December 29, 2008

BroadSoft Acquires Sylantro
Gaithersburg, Maryland-based BroadSoft has acquired Sylantro Systems Corporation.
"GAITHERSBURG, MD, Dec. 29, 2008 — BroadSoft, Inc., the leading worldwide provider of Voice-over-Internet Protocol (VoIP) applications to the telecommunications industry, today announced it has acquired Sylantro Systems Corporation, a provider of VoIP applications based in Campbell, California.

"Sylantro has been a strong competitor of BroadSoft for 10 years. This acquisition further advances our market and innovative leadership position," said Michael Tessler, president and CEO of BroadSoft. "Sylantro's solutions, talent and customers complement BroadSoft's business and enhance our ability to deliver compelling solutions and services to our customers."

The acquisition extends BroadSoft's leadership in VoIP applications. To serve its growing customer base, BroadSoft now has development and customer operations centers in Montreal, Canada; Dallas, Texas; Bangalore, India; Sydney, Australia; Belfast, Northern Ireland; and Gaithersburg, Maryland.

"BroadSoft and Sylantro have long histories of helping telecommunications service providers deliver IP communications services to businesses and consumers around the world," Marco Limena, president and CEO of Sylantro. "By joining forces, the two companies are in a position to create a market leading global entity with a shared vision and infrastructure to meet the needs of our valued customers and the challenges of a competitive industry landscape.""

Press Release.


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