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Genband to buy US uReach Technologies
Tuesday 18 February 2014

18 February 2014 - US networking solutions provider Genband Inc said today it had agreed to take over local provider of carrier-grade value added services uReach Technologies Inc.

The financial terms of the deal were not revealed.

uReach Technologies has a carrier-class portfolio including voice, video and unified messaging solutions and services that are used by wireless, wireline and broadband service providers to launch new services to their customers. The company, founded in 1998, is based in the state of New Jersey.

The transaction will enable Genband to boost its offerings through the addition of uReach's comprehensive messaging portfolio, the buyer said. Also, the target's technology complements the buyer's software-driven, open standards-based approach to network transformation, David Walsh, Genband's CEO, further commented.
Date Published: 18/02/2014
Target: uReach Technologies Inc
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Status: Agreed
Buyer: Genband Inc