Hardware and software components provider Sangoma Technologies Corporation has acquired the key assets of the VegaStream Group of Companies, a UK-based developer of VOIP gateway appliances.

Hardware and software components provider Sangoma Technologies Corporation has acquired the key assets of the VegaStream Group of Companies, a UK-based developer of VOIP gateway appliances.

The business operations of VegaStream will be quickly integrated into Sangoma’s, with VegaStream staff being welcomed as part of the respective Sangoma teams, the majority being in R&D and sales and marketing.  

The VegaStream products will become part of the Sangoma portfolio with customers benefiting from Sangoma’s reputation for efficient supply chain management and quick turnaround of customer orders.

Sangoma is investing in new marketing, sales and product development initiatives, and this transaction is further evidence of such investments to drive ongoing growth. The acquisition of VegaStream helps Sangoma to achieve several of its strategic objectives including broadening its portfolio, adding to its distribution network, and delivering existing channel partners a more comprehensive set of products.
  
Bill Wignall, president and CEO of Sangoma comments: ‘VegaStream has some truly great products, people, customers and distributors. As the IP Communications market evolves, Sangoma is reinventing itself in order to become a significant player in more segments within that market.’  

Wignall adds that the acquisition supports one of Sangoma’s key corporate messages of being ‘not just a board company anymore’.  

He concludes: ‘For years, Sangoma has provided the industry’s leading portfolio of TDM to IP cards for use inside servers, and we will continue to dominate that space. However, external gateways which provide much of the same functionality but reside outside the server as their own appliance, are becoming increasingly popular, and we want to offer our customers both options.’