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Ontario, Canada-based Sangoma Technologies, a provider of Unified Communications solutions, has announced the strategic acquisition of VoIP Innovations, LLC (VI), a privately-held technology company in Pittsburgh, PA that specializes in wholesale SIP trunking. This acquisition, Sangoma’s eighth in the last eight years, is expected to provide the combined company with several strategic advantages, including increased scale, a recurring revenue contribution that continues to grow, an entirely new product category in Communications Platform as a Service (CPaaS), robust EBITDA margins, and a new sales channel. Bill Wignall, President and CEO of Sangoma, said, “We continue to look for prudent ways to grow our product portfolio, customer base, distribution network, overall sales, recurring revenue and EBITDA. This acquisition is strategic to Sangoma for all of those reasons, and with about 90% of VI revenue being recurring, it should increase Sangoma’s proforma recurring / services revenue to approximately 45% of total sales.”…

Are you part of the VoIP industry or just interested in the subject? Are you wondering what the VoIP market is up to? Do you want to keep your strategy ahead of the game? Are you concerned about the future of cloud communications? If so, you should start attending VoIP events and conferences, after all, it is the best way for you to stay up-to-date with the latest VoIP news, innovations, trends, and at the same time engage in high-quality networking. There are hundreds of telecom conferences around the world, but here are our top must-attend VoIP events: IT EXPO  This event was first held 18 years ago and it is still one of the industry’s most important annual starting points. With its content and participants continuously evolving with the marketplace, is it one of the only VoIP events dedicated to solutions that drive communications transformation for the enterprise mid-market,…