Cisco and BroadSoft have signed agreement for
The acquisition of
Rob Salvagno, Head of Cisco’s M&A and venture investment team, wrote in a blog post, "We chose BroadSoft as it provides a portfolio of cloud collaboration platforms and business applications, which strengthen our cloud investments and ability to deliver collaboration solutions to our global telecom provider customers. Following the close of the acquisition, Cisco and BroadSoft will provide a comprehensive SaaS portfolio of cloud based unified communications, collaboration, and contact center software solutions and services for customers of all sizes."
Cisco and BroadSoft will continue to operate as separate companies. Upon completion of the transaction,
The acquisition is expected to be completed in Cisco’s first quarter of calendar year 2018.
Rowan Trollope, SVP and GM, Cisco Applications Business Group
We believe that our combined offers, from
Michael Tessler, President and CEO, Broadsoft
As businesses continue to move toward the cloud in search of simplicity and speed, joining