Altigen Acquires Workspace Communications Cloud Customer Base
Milpitas, CA, USA, Aug 6, 2019 -- Altigen Communications, Inc. (OTCQB:ATGN), a Silicon Valley-based Microsoft ISV and Cloud Solutions provider, announced that it has acquired all of the rights to the customer relationships of WorkSpace Communications, LLC, a cloud provider of Microsoft Unified Communications and Modern Workplace solutions. The strategic purchase is part of Altigen’s capital allocation strategy to drive its cloud growth.
WorkSpace, based in the Midwest, delivers a suite of hosted Microsoft Modern Workplace technologies that include Unified Communications and Collaboration, Office 365, Teams and integrated cloud-based Contact Center solutions. Altigen will migrate WorkSpace cloud subscribers to its hosted Microsoft platforms. The migration will consolidate services, simplify management, streamline customer support, and enable Altigen to achieve greater economies of scale.
Under terms of the agreement, Altigen has acquired all of WorkSpace’s right, title, and interest in, to and under its customer relationships.
"As Microsoft continues to grow their market share for both Office 365 and Teams, organizations are increasingly looking to displace their legacy, on-premises PBX systems with cloud-based Unified Communications fully integrated with Microsoft’s solutions," said Jeremiah Fleming, Altigen’s President & CEO. "With Altigen and WorkSpace targeting similar customers with the same types of Microsoft solutions, the combination of the companies was just a natural fit. In addition, the value-add solutions Altigen has been developing for its own cloud customers will also be available to the WorkSpace customers as they migrate to Altigen’s cloud solutions."
According to Bryan DiGiorgio, WorkSpace’s CEO, "Altigen and Workspace have been partners for the past 8 years, including WorkSpace’s hosting of certain Altigen solutions in our datacenter integrated with our platform - which can now be further extended as part of this transaction. Our companies have had discussions, over the years, about combining forces. The timing is finally right to conclude a transaction that is beneficial to both WorkSpace and Altigen and, most importantly, our customers."
Posted by Veronica Silva Cusi, news correspondent
Date Posted: Thursday, August 8, 2019
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