Enghouse Systems Limited (TSX: ENGH) has acquired XConnect GmbH from XConnect Global Networks Ltd. Financial terms were not disclosed
XConnect GmbH acquisition establishes Enghouse Networks presence nn Germany.
Duren, Germany based XConnect GmbH provides carrier change processes and number portability services to telecommunication providers in Germany. Its software enables the movement of telephone numbers and voice data services among operators and carriers. The ICCS Professional (Inter Carrier Communication System) product offers one of the latest software solutions for telephone providers for phone number administration and porting in this area.
In 2014, XConnect Global Networks Ltd. acquired sms eSolutions GmbH and rebranded as XConnect GmbH.
“With over 70 customers, XConnect GmbH establishes Enghouse Networks in Germany and provides a base to sell XConnect as well as Enghouse products,” said Sunil Diaz, General Manager, Enghouse Networks. “We are very pleased to welcome XConnect GmbH’s customers and employees to the Enghouse Networks organization.”
London, UK based XConnect Global Networks Ltd. will continue to operate on a global basis its number information and interconnect services for telecom operators, A2P messaging providers and CPaaS players.
XConnect Global Networks is backed by Accel Partners, Venrock Associates, Grazia Equity, and Bridge Capital Fund.
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