M&A Deal Summary

XMedius Solutions Acquires AVST

On November 7, 2017, XMedius Solutions acquired communications company AVST

Acquisition Highlights
  • This is XMedius Solutions’ 1st transaction in the Communications sector.
  • This is XMedius Solutions’ 1st transaction in the United States.
  • This is XMedius Solutions’ 1st transaction in California.

M&A Deal Summary

Date 2017-11-07
Target AVST
Sector Communications
Buyer(s) XMedius Solutions
Deal Type Merger

Target

AVST

Foothill Ranch, California, United States
AVST is a developer of enterprise communications solutions for businesses of all sizes. Through its world-class unified communications platform, CallXpress, and its innovative speech application module, Seneca, AVST offers the industry's most powerful suite of second generation enterprise communications solutions including voice messaging, unified messaging (UM), speech-enabled applications (including automated attendant and mobile worker access), and call processing (including embedded IVR).

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Buyer(S) 1

Buyer

XMedius Solutions

Montreal, Quebec, Canada

Category Company
Founded 1996
Sector Internet Software and Services
DESCRIPTION

XMedius Solutions, Inc. is a provider of secure information exchange and unified communication solutions. XMedius brings decades of experience and patented technologies to transform secure and collaborative communication, enabling organizations to move more workloads to the cloud and unlock the information advantage.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1