M&A Deal Summary

SIPHON Networks Acquires VCOMM UK

On December 21, 2012, SIPHON Networks acquired technology hardware company VCOMM UK from SmartSpace Software

Acquisition Highlights
  • This is SIPHON Networks’ 1st transaction in the Technology Hardware sector.
  • This is SIPHON Networks’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2012-12-21
Target VCOMM UK
Sector Technology Hardware
Buyer(s) SIPHON Networks
Sellers(s) SmartSpace Software
Deal Type Divestiture

Target

VCOMM UK

Newbury, United Kingdom
VCOMM is a growing specialist distributor of business internet telephony (VoIP) equipment and services. VCOMM and its resellers replace business PBXs that are attached to the PSTN network with IP PBX or IP Centrex solutions which are connected to VoIP service providers via the internet. A typical solution includes a VoIP PBX, handsets and connection to a VoIP service provider. VCOMM's customers include Richmond Borough Council, Mitel and Dimension Data.

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Buyer(S) 1

Buyer

SIPHON Networks

Cwmbran, United Kingdom

Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

SIPHON Networks Ltd. is a systems integrator to support Service Providers launch innovative Cloud Telephony services via the deployment of various products to create a single, integrated and centralised platform.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

SmartSpace Software

Suffolk, United Kingdom

Category Company
Founded 2000
Sector Software
Employees68
Revenue 5M GBP (2023)
DESCRIPTION

SmartSpace Software is a SaaS-based technology business, designing and building smart software solutions. The Company's software helps transform employee engagement with modules which include visitor management, desk management, meeting room management and analytics. Smartspace Software was founded in 2000 and is based in Suffolk, England.


DEAL STATS #
Overall 1 of 3
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 3
Country: United Kingdom M&A 1 of 3
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-02 VCOMM UK

Newbury, United Kingdom

VCOMM is a growing specialist distributor of business internet telephony (VoIP) equipment and services. VCOMM and its resellers replace business PBXs that are attached to the PSTN network with IP PBX or IP Centrex solutions which are connected to VoIP service providers via the internet. A typical solution includes a VoIP PBX, handsets and connection to a VoIP service provider. VCOMM's customers include Richmond Borough Council, Mitel and Dimension Data.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-02 So Purple Tech

Saddleworth, United Kingdom

So Purple Tech Ltd. is a provider of broadband Internet services to consumers, businesses, and home workers with almost 4,000 broadband customers as well as cloud based mail and hosting.

Buy -