M&A Deal Summary

Intermedia Acquires Telax Voice Solutions

On August 12, 2019, Intermedia acquired internet software and services company Telax Voice Solutions

Acquisition Highlights
  • This is Intermedia’s 4th transaction in the Internet Software and Services sector.
  • This is Intermedia’s 1st transaction in Canada.
  • This is Intermedia’s 1st transaction in Ontario.

M&A Deal Summary

Date 2019-08-12
Target Telax Voice Solutions
Sector Internet Software and Services
Buyer(s) Intermedia
Deal Type Add-on Acquisition

Target

Telax Voice Solutions

Toronto, Ontario, Canada
Telax Voice Solutions, Inc. is a cloud contact center as a service (CCaaS) software provider. Telax Voice Solutions is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Intermedia

Sunnyvale, California, United States

Category Company
Founded 1993
Sector Internet Software and Services
DESCRIPTION

Intermedia is a Unified Communications as a Service (UCaaS) and business cloud email provider that delivers highly-reliable and secure communications & collaboration solutions to more than 125,000 businesses and 6,600 active partners. Intermedia was founded in 1993 and is based in Sunnyvale, California.


DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-06 AnyMeeting

Irvine, California, United States

AnyMeeting, Inc. is a web conferencing, video conferencing and webinar provider with more than one million registered users. AnyMeeting, Inc. was founded in 2003 and is based in Huntington Beach, California.

Buy -