Overview

On January 12, 2016 , PGi, the world’s largest dedicated provider of collaboration software and services. Today they announced that it has entered into a definitive agreement to acquire Denver-based ReadyTalk. ReadyTalk is a leading provider of cloud communications services, including audio, web and video conferencing.

ReadyTalk was founded in 2001 and, today, provides collaboration software and services to more than 6,000 small and mid-sized businesses. Like PGi, ReadyTalk has differentiated its brand in a competitive market by combining intuitive, innovative technology with unmatched customer service. Its business is built to provide end-to-end service and support to telecommunications service providers, which supports PGi’s strategic priority to leverage carriers as an increasingly important part of its distribution strategy.

“We have admired ReadyTalk for years. They are well known for having great products built by great people with a strong commitment to the success of their customers and partners,” said Ted Schrafft, President and CEO, PGi. “ReadyTalk’s focus on mid-market customers and carrier partners aligns perfectly with PGi’s strategic and go-to-market priorities for 2017 and beyond. We are excited to welcome ReadyTalk to the growing PGi family later this month.”

PGi

PGi is the world’s largest dedicated provider of collaboration software and services. For more than 25 years, our broad portfolio of products has served the end-to-end collaboration needs of enterprises. Accessible anywhere, anytime and on any device, PGi’s award-winning collaboration solutions drive productivity and teamwork for approximately 50,000 customers around the world.

ReadyTalk

ReadyTalk delivers cloud communication services, including audio, video, web and voice conferencing as well as webinars, that inspire collaboration and improve communication for today’s digital and mobile workforce. By combining intuitive, innovative technology with unmatched customer service, ReadyTalk provides a seamless collaboration experience for anyone, across any device, platform or location. Everything you need, anywhere you are. ReadyTalk is headquartered in Denver, CO and was founded in 2001.

Content Source

You can find more information about PGi’s acquisition of ReadyTalk on Yahoo Finance.

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