News : Evolve IP Acquires UK Cloud Communications Provider thevoicefactory Ltd
Wayne, PA, USA, April 19, 2018 -- Evolve IP, The Cloud Strategy Company™, announced that it has acquired thevoicefactory Ltd, a cloud communications provider based in Cardiff, United Kingdom (UK). This strategic purchase is part of the company's ongoing market development strategy, providing Evolve IP with additional distribution channels in the UK and Europe, a significant client base, and greater penetration of the hospitality, automotive, finance and legal verticals. Additionally, the company will add office locations in Fordingbridge, UK and Orlando, Florida as well as gain new data centers in the UK and United States.
Based on the same blue-chip BroadSoft platform as Evolve IP, thevoicefactory shares a common architecture and framework that will help ensure the rapid adoption of new features and capabilities for existing and new clients.
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"We are delighted to welcome thevoicefactory, their associates, and its worldwide partner community to the Evolve IP family," said Guy Fardone, Chief Executive Officer and Founding Partner of Evolve IP. "Combining Evolve IP's intellectual property and OneCloud™ capabilities with thevoicefactory's reseller channel will help us expand into new markets even faster and provide incredible growth opportunities for our suite of award-winning, analyst-acclaimed cloud services."
"We are very excited to be joining Evolve IP and thrilled with the opportunities it provides for our associates and partners," said Paul Harrison, CEO of thevoicefactory. "Evolve IP has developed significant intellectual property and a sophisticated service delivery platform that will be of great benefit to our partners and their clients. Additionally, their world-class, compliant OneCloud platform will provide a fantastic platform for clients to add new services. We're looking forward to immediately contributing to Evolve IP's international growth." Thevoicefactory was advised on this transaction by Knight Corporate Finance with legal support from Mason Hayes.
"The acquisition of thevoicefactory represents another significant move for Evolve IP and has the company well positioned to capitalize on the considerable opportunities in the rapidly growing cloud PBX and unified communications-as-a-service (UCaaS) market," said Elka Popova, VP and Senior Fellow of Digital Transformation at Frost & Sullivan. "We believe that the combination of thevoicefactory's extensive reseller market in the UK, the ability to sell directly in the EU and APAC via Evolve IP Europe, and their recently announced partnerships with regional channel partners will provide the company with significant sales opportunities. In addition, with multiple on-continent data centers, and nearing 100 associates in the UK and Europe, the company has the infrastructure and personnel to effectively provision, deploy and support enterprises in the region."
Posted by Veronica Silva Cusi, news correspondent
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About Evolve IP:
Evolve IP is a leading cloud-based technology provider that offers businesses a better way to buy and manage their applications, infrastructure, and security solutions. We help organizations outsource technologies that are not within the budget, skills, or focus of their IT resources. Evolve IP customers upgrade their legacy environment without capital expense, accomplish more with enhanced features, increase stability and control with an award winning portal and reduce their carbon footprint, which allows them to focus on their core business and reduce costs.
Published: Friday, April 20, 2018