Cable & Telecom

Cisco to acquire BroadSoft for $1.9B

SAN JOSE, CA – Cisco Systems is buying software maker BroadSoft Inc. for approximately $1.9 billion.Cisco said that the acquisition reinforces its commitment to Unified Communications and enhances its ability to address the millions of aging TDM lines poised to transition to IP technology and cloud native solutions over the coming years. The deal has been approved by the board of directors of each company and is expected to close during the first quarter of calendar year 2018, subject to customary closing conditions and regulatory review. Cisco and BroadSoft will continue to operate as separate companies prior to the close, but...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.