West Corporation Acquires Cloud Collaboration Practice from Vocus Group
07 Mars 2017 - 3:15PM
West Corporation (Nasdaq:WSTC), a global provider of communication
and network infrastructure services, today announced it has
completed the acquisition of the cloud collaboration practice and
assets from Vocus Group in Australia (“Vocus”) (ASX:VOC).
"We are excited to have acquired Vocus’ cloud collaboration
practice, which will expand our position and capabilities
throughout the Asia-Pacific region. With this local infrastructure,
West will be one of the few global providers of Cisco’s hosted
Unified Communications stack,” said Scott Etzler, President of
West’s Unified Communications Services segment. “This acquisition
is expected to generate new opportunities for West in APAC, improve
our competitive positioning and enhance global support & cost
structure in our UCaaS business. The existing facilities in Perth
and Melbourne, Australia will continue operations with
fully-dedicated and experienced personnel driving business
development and support of current clients. Throughout this
transition, West will continue to meet our clients’ expectations
and provide the level of service they have come to expect.”
West markets its Cisco Hosted Collaboration Solution
(“HCS”)-based offering as VoiceMaxx CE, wrapping and extending the
HCS technology core with a range of additional services and
capabilities. West is a global leader in deployments of Cisco
HCS-based unified communications as a service solutions and was
named Cisco’s 2016 Collaboration Cloud Partner of the Year.
The acquired business assets and operations will be integrated
into West's Unified Communications Services reportable segment.
This acquisition is not expected to have a material impact on
West’s 2017 results.
About West CorporationWest Corporation
(Nasdaq:WSTC) is a global provider of communication and network
infrastructure services. West helps its clients more effectively
communicate, collaborate and connect with their audiences through a
diverse portfolio of solutions that include unified communications
services, safety services, interactive services such as automated
notifications, telecom services and specialized agent services.
For 30 years, West has provided reliable, high-quality voice and
data services. West has sales and operations in the United States,
Canada, Europe, the Middle East, Asia Pacific and Latin America.
For more information, please call 1-800-841-9000 or visit
www.west.com.
Forward-Looking Statements This press release
contains forward-looking statements. Forward-looking statements can
be identified by the use of words such as "may," "should,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "intends," "continue" or similar terminology. These
statements reflect only West's current expectations and are not
guarantees of future performance or results. These statements are
subject to various risks and uncertainties that could cause actual
results to differ materially from those contained in the
forward-looking statements. These risks and uncertainties include,
but are not limited to, the strategic alternatives available to the
Company and the ability to execute on strategic alternatives;
competition in West’s highly competitive markets; increases in the
cost of voice and data services or significant interruptions in
these services; West’s ability to keep pace with its clients’ needs
for rapid technological change and systems availability; the
continued deployment and adoption of emerging technologies; the
loss, financial difficulties or bankruptcy of any key clients;
security and privacy breaches of the systems West uses to protect
personal data; the effects of global economic trends on the
businesses of West’s clients; the non-exclusive nature of West’s
client contracts and the absence of revenue commitments; the cost
of pending and future litigation; the cost of defending against
intellectual property infringement claims; the effects of extensive
regulation affecting many of West’s businesses; West’s ability to
protect its proprietary information or technology; service
interruptions to West’s data and operation centers; West’s ability
to retain key personnel and attract a sufficient number of
qualified employees; increases in labor costs and turnover rates;
the political, economic and other conditions in the countries where
West operates; changes in foreign exchange rates; West’s ability to
complete future acquisitions, integrate or achieve the objectives
of its recent and future acquisitions; and future impairments of
our substantial goodwill, intangible assets, or other long-lived
assets. In addition, West is subject to risks related to its level
of indebtedness. Such risks include West’s ability to generate
sufficient cash to service its indebtedness and fund its other
liquidity needs; West’s ability to comply with covenants contained
in its debt instruments; West’s ability to obtain additional
financing; the incurrence of significant additional indebtedness by
West and its subsidiaries; and the ability of West’s lenders to
fulfill their lending commitments. West is also subject to other
risk factors described in documents filed by the Company with the
United States Securities and Exchange Commission.
These forward-looking statements speak only as of the date on
which the statements were made. West undertakes no obligation to
update or revise publicly any forward-looking statements, whether
as a result of new information, future events or otherwise, except
to the extent required by applicable law.
AT THE COMPANY:
Dave Pleiss
Investor Relations
West Corporation
(402) 963-1500
DMPleiss@west.com
WEST CORP (NASDAQ:WSTC)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
WEST CORP (NASDAQ:WSTC)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024