Genband to Acquire uReach Technologies
Genband, a developer of multimedia and cloud communications solutions, has agreed to acquire uReach Technologies, which includes a carrier-class portfolio of voice, video, and unified messaging solutions and services. Financial terms of the deal were not disclosed.
The acquisition of uReach's advanced solutions enhances Genband's offerings with a comprehensive messaging portfolio designed to be deployed by global service providers via distributed, Internet-scale cloud, or in-network models. The uReach solution suite includes Advanced VoiceMail, VideoMail, VisionMail, and VirtualReceptionist. These solutions are mobile, social, and visual, offering carriers the latest voicemail, auto-attendant, fax, unified messaging, mobile fax, and mobile visual voicemail capabilities.
"uReach has earned the trust of the service provider community, enabling today's leading tier 1 carriers to modernize legacy voicemail systems with transformative mobile messaging and calling solutions," said David Walsh, CEO of Genband, in a statement. "Their technology aligns with our software-driven, open standards-based approach to network transformation, enabling a graceful migration away from expensive and aging voicemail technologies to real-time communications solutions of the future. We are pleased to welcome their team to Genband and look forward to bringing this proven technology to our global customer base."
"Combining uReach's technology with Genband's global reach, engineering expertise, and complementary communications offerings changes the game for service providers," said Krishnamurty Kambhampati, CEO of uReach Technologies, in a statement. "Genband has the capabilities to give our best-in-class technology even broader reach, and we couldn't be happier about the opportunity to deliver our solutions to more tier-1 service providers around the globe. Like Genband, uReach builds applications taking a mobile-first approach rather than mimicking legacy premises solutions, enabling carriers to effectively compete with OTT threats."