Sangoma Acquires All Key Assets of VegaStream

Sangoma Technologies (News - Alert) Corporation has acquired the key assets of the VegaStream Group of Companies, a UK-based developer of VOIP gateway appliances.

With the acquistion, VegaStream products will become part of the Sangoma portfolio.

Officials with Sangoma said that the company is investing in new marketing, sales and product development initiatives, and this transaction is further evidence of such investments to drive ongoing growth.   

Industry experts opined that the acquisition of VegaStream helps Sangoma to achieve several of its strategic objectives: broadening its portfolio, adding to its distribution network, delivering existing channel partners a more comprehensive set of products, affording Sangoma an EU office to enable better service to this critical part of the world in local time zones, expanding its customer base and customer segments, and penetrating more deeply into developing regions, including significant upside in the key market of India with some excellent large clients.

"VegaStream has some truly great products, people, customers and distributors," said Bill Wignall, president and CEO of Sangoma, in a statement.   

Wignall said that as the IP communications market evolves, Sangoma is re-inventing itself in order to become a significant player in more segments within that market.   

“This acquisition supports one of our key corporate messages, 'We are not just a board company anymore'.   For years, Sangoma has provided the industry's leading portfolio of TDM to IP cards for use inside servers, and we will continue to dominate that space,” he said.   

He said that however, external gateways which provide much of the same functionality but reside outside the server as their own appliance, are becoming increasingly popular, and the company wants to offer its customers both options.   

“External gateways expand our addressable market, can be easily integrated into Virtualized and Cloud based solutions, and so we hope to capture additional opportunities in this space as well as in our traditional segment,” he said.   

Wignall said that the company decided to accelerate its entry to this market segment, using a 'buy versus build' decision, adding the well-respected VegaStream products to its portfolio.   

“We plan to continue our growth by both organic means and a few more strategically selected acquisitions,” he added.

Back in May, Sangoma Technologies Corporation, a provider of hardware and software components that enable or enhance IP Communications Systems (News - Alert) for both voice and data, launched the D150 voice transcoding series, the latest addition to its transcoding board offering, targeted for the embedded and stand-alone VoIP solutions markets.

Sangoma is a Gold sponsor of ITEXPO West 2011. To be held Sept. 13-15 in Austin, TX, ITEXPO (News - Alert) is the world’s premier IP communications event. Visit Sangoma in booth #920. Don’t wait. Register now.  follow us on Twitter. Stay in touch with everything happening at ITEXPO…

Anil Sharma is a contributing editor for TMCnet. To read more of his articles, please visit his columnist page.

Edited by Rich Steeves