Acquires’ a word you will be hearing often this year. Another Telecom software company has been chomped up.
Yesterday hosted cloud telephone service platform provider Broadsoft acquired telecom software provider Leonid Systems.
It’s easy to see why.
Leonid has developed a number of software solutions that extend the functionality and ease of use of the Broadsoft platform for VoIP providers. Their intuitive web portal for the Broadworks platform that gives service providers a simplified and streamlined way to manage their operations.
This gives Broadsoft another leg-up on the various competitive platforms, such as a Metaswitch, who are all racing to make improvements to support the next wave of provider growth.
Full terms of the deal were not disclosed, but the acquisition will add $3 million in incremental revenue for Broadsoft.