M5 Networks Acquires Hosted VoIP Provider Geckotech
NEW YORK, Nov. 3, 2010 /PRNewswire via COMTEX/ --
M5 Networks, the market leader in managed, hosted VoIP announced today its acquisition of Geckotech, the Chicago-based leader in Cisco-powered Hosted VoIP. The companies have joined forces to better service the exploding demand for business-grade hosted communications.
M5 Networks will take over all of Geckotech's staff, customers, and datacenters. Both companies are recognized innovators in the VoIP industry and have remained competitive with other telecom alternatives through exceptional management of complex technology. M5 Networks and Geckotech appeared on the 2009 Inc. 5000 list of the fastest-growing private companies in the United States.
"M5 has been the leader in this industry since they pioneered it ten years ago," said Josh Robbins, CEO of Geckotech. "They've built great technology, which we can't wait to utilize for our shared customer base. Together we can enable our customers to use advanced phone system technology to become more efficient and informed organizations."
Robbins will join M5 Networks as Vice President of Business Development. Kerrin Parker, M5 Networks' Vice President, will relocate to Geckotech's Chicago offices to manage integration efforts.
Prior to the acquisition, Geckotech management wanted to overhaul its technology without the use of licensing arrangements. They desired an enhanced phone experience and more robust applications for their customers, and they chose M5 Network's Call Conductor platform to fulfill those needs. Geckotech's clients will be seamlessly integrated to M5 Networks' systems throughout the next year with immediate access to the Call Conductor platform using existing phones. "Our customers are going to love this," said Randa Bradley, Geckotech's Director of Operations, regarding usage of M5 Networks' systems.
"We have built the best delivery system and backoffice in the business and are excited to offer it to another customer base," said Dan Hoffman, President and CEO of M5 Networks. "Josh has done an exceptional job of building a profitable, customer-focused hosted provider. I'm thrilled to work closely with him and Geckotech's experienced team."
For more information about M5 Networks' industry-leading VoIP phone systems for business, visit www.m5net.com.
About M5 Networks
M5 Networks is redefining what a business phone system can do. As the market leader in managed, hosted Voice-over-IP (VoIP), M5 Networks allows companies to work the way they want to, while connecting them to their customers, their applications and their businesses. M5's Smart Business Phone System converges the industry's most flexible and reliable phone software, ActiveService(TM) tools, and the ability to integrate with business-critical applications. The result is a cloud-based voice service that currently enables more than 1300 companies to enjoy all the business impact of an enterprise-class phone system without the expense of buying and managing an on-premise solution. Headquartered in New York City, M5 Networks has won numerous industry awards and recognitions.
SOURCE M5 Networks
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