GAITHERSBURG, MD and PLANO, TX, August 27, 2008 BroadSoft, the leading global provider of voice-over-Internet-protocol (VoIP) applications to the telecommunications industry, today announces their acquisition of GENBAND's M6 Communication Applications Server, formerly VocalData, product line and related customer base. GENBAND is the leading supplier of IPgateways for a diverse set of service provider networks worldwide.
BroadSoft's acquisition of the M6 product line will allow it to further extend its market leadership position in the VoIP applications market. The acquisition will also enable GENBAND to focus its efforts on further advancing their gateway product innovation. In recent months Synergy Research Group and Infonetics Research have independently recognized BroadSoft as the market leader in voice application servers and GENBAND as the leader in VoIP media gateway shipments.
"Our mutual product strengths made BroadSoft's acquisition of the M6 technology and customer base a logical business strategy for both organizations," said Michael Tessler, President and CEO of BroadSoft. "Our new customers will continue to receive the highest quality customer service as well as our dedicated focus to ensuring their satisfaction - consistent with the quality provided to all BroadSoft customers worldwide."
BroadSoft recognized GENBAND's divestiture of its M6 application product as a powerful opportunity to enhance its market leadership in the VoIP applications industry. As a result of this acquisition, BroadSoft's total customer base will grow to 435. No voice application server provider currently boasts the size, depth or reach of BroadSoft's customer base.
"In making this decision, it was important to GENBAND to find the right company who would ensure the continued success of our customers," said Charles Vogt, President and CEO of GENBAND. "We feel strongly that this partnership will ultimately strengthen the M6 product and as a result, its customers will benefit from the communication innovations BroadSoft brings to market."
This acquisition is the beginning of a long-term partnership for BroadSoft and GENBAND. The companies have entered into an agreement to cooperate on Network Transformation projects, which will allow their customers to bundle core voice, data and web-based services across an IP network.
BroadSoft® provides VoIP application software that enables the delivery of hosted telephony and multimedia services to customers in 61 countries world-wide. Its award-winning flagship BroadWorks® technology empowers wireless, wireline and cable carriers to deliver next-generation voice and multimedia applications and advanced features that enable them to grow revenue, introduce competitive offers and elevate customer satisfaction. BroadSoft's family of carrier-class software products delivers the scale, open architecture and reliability that the world's leading telecommunications companies demand to serve mission-critical enterprise and residential customers. BroadSoft provides VoIP applications to seven of the top 10 and 13 of the top 25 largest carriers worldwide, as measured by recent annual revenue, including Korea Telecom, KPN, SingTel, Sprint, Telefonica de Espana, Telstra, T-Systems, and Verizon. For additional information, go to www.broadsoft.com.
GENBAND is a leading supplier of next generation IP gateway solutions deployed in over half of the world's largest service providers spanning more than 60 countries. These high performance gateway platforms are at the center of fixed and mobile networks around the globe, evolving, securing and enhancing communications networks. Headquartered in Plano, Texas, GENBAND has research and development facilities in Texas, China, and Brazil. Additional information is available at www.genband.com.