AudioCodes buys Dutch communications co for $3m

Israeli converged voice solutions provider AudioCodes Ltd. (Nasdaq: AUDC; TASE: AUDC) has acquired Dutch company Active Communications Europe for $3 million, and $2 million more depending on attaining certain goals. Active Communications Europe, a Microsoft Silver Partner specializing in Unified Communications, provides communications solutions, which increase the effectiveness of departments, individuals and organizations.

AudioCodes president and CEO Shabtai Adlersberg said,"This agreement with Active Communications Europe places AudioCodes in a stronger position to serve the growing adoption of Microsoft Skype for Business Online, Office 365 and Cloud PBX. The technology and expertise of Active Communications Europe effectively complement the AudioCodes One Voice portfolio."

Following the transaction, Active Communications Europe will become a wholly owned subsidiary of AudioCodes. The transaction closed on December 31, 2015.

Published by Globes [online], Israel business news - www.globes-online.com - on January 5, 2016

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