We acted as exclusive financial advisor to Telanetix, Inc. in its sale to Itermedia, a global leader in cloud services and the world’s largest third-party Microsoft Exchange hosting provider.
Telanetix is a leading cloud-based communications solutions company providing next-generation hosted voice services, delivered primarily to the small and medium-sized business market, over a scalable and highly efficient carrier-grade network platform. The company’s cloud-based hosted telecom voice services give companies flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers.
The acquisition enables Intermedia to further execute on their Office in the Cloud™ vision of an integrated suite of cloud services for small and medium-sized businesses and the channels that serve them.
Note: This work was performed prior to joining Stout.