Wales is set to provide the unlikely backdrop for Avaya’s latest acquisition after the global telecoms vendor announced it had offered £74.3m in cash for Cardiff-based software platform outfit Ubiquity Software.
AIM-listed Ubiquity’s software platform is used for the development and delivery of SIP end-user applications.
The firm develops and markets SIP-based communications software for a range of client types, including systems integrators, ISVs and channel partners.
Micky Tsui, vice president, global communications solutions, Avaya, said: “We believe that the addition of Ubiquity’s next generation software platform to Avaya’s portfolio will help customers and developers enhance the integration of communications technologies and business processes.”
It’s not the first time US-based Avaya has flashed its cash in recent months: in November the vendor snapped up mobility unified communications outfit Traverse Networks for an undisclosed sum.
Ubiquity chief executive Ian McLaren said the offer marked an “important milestone” in Ubiquity’s development. “We believe that there are strong synergies between Ubiquity's core software platform, service creation framework and applications and Avaya’s portfolio of enterprise products,” he added.
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