Sangoma Buys Paraxip

Telephony hardware manufacturer Sangoma Technologies has agreed to buy IP connectivity software company Paraxip Technologies for $4.8 million.

Sangoma is paying $1.9 million in cash and 2.3 million common shares (Sangoma is publicly traded on the Toronto Stock Exchange). Paraxip customers include IBM, Genesys, First Data Corporate and the State of California.

Bringing Paraxip's SIP-based NetBorder suite into Sangoma's product line is expected to provide Sangoma with a growth path including the unified communications market, IP contact centers, commercial IVR solutions and other SIP-based markets. The combination of hardware and software expands Sangoma's market to provide support for all software-based telephony applications. Sangoma says the combination of Paraxip's gateway products with its hardware and drivers will provide the open source telephony community with a new level of "compliance, reliability, and scalability."

Sangoma got its start by building PC-based hardware and software for proprietary and open source data and telephony and telephony transport solutions; it makes a lot of cards that are incorporated into Digium Asterisk-based solutions.

For more:
- Sangoma buys Paraxip announcement

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