GAITHERSBURG, MD, August 6, 2012 – BroadSoft, Inc. (NASDAQ: BSFT) today announced it has acquired the assets of Texas-based Adaption Technologies Ventures, Ltd., a provider of hosted business VoIP solutions.
The acquisition will enable BroadSoft® to enhance its BroadCloud™ Software-as-a-Service (SaaS) delivery platform to include BroadWorks®’ award-winning features and functionality. With the addition of Adaption Technologies’ infrastructure and Rialto®, a web-based service operating platform, telecommunications service providers will be able to more quickly sell, provision, activate and bill for their hosted Unified Communications services.
“Thanks to our cloud technology and infrastructure management experience, many of our customers are confident we can cost-effectively develop, deliver and support their branded Unified Communications services,” said Michael Tessler, chief executive officer, BroadSoft. “Adding Adaption Technologies’ solutions to our cloud platform will allow our service provider customers to speed time-to-market and accelerate time-to-revenue for their branded Unified Communications solutions.”
This new BroadCloud service is designed to help reduce the costs and complexities associated with the provisioning, managing and billing of Unified Communications services. As a result, BroadSoft’s service provider customers will be able to:
“Growing adoption of cloud-based Unified Communications services by enterprises globally has created a need for telecommunications service providers to explore alternative, faster service delivery methods to end-users,” added Scott Hoffpauir, chief technology officer, BroadSoft. “We believe the combination of Adaption Technologies’ capabilities and our industry-leading BroadWorks capabilities positions BroadSoft to directly address this service provider need.”