Vecima Adds New Board Member

Vecima Adds New Board Member

VICTORIA, BRITISH COLUMBIA — (Marketwired) — 04/01/15 — Vecima Networks Inc. ("Vecima" or "the Company") (TSX: VCM) is pleased to announce that it has appointed Scott Edmonds as a new director to the Company–s board effective today. Scott–s 30 year career has been a unique blend of operational, strategic and financial leadership roles in both large and small companies in Canada, Europe and Asia. Most recently Scott led the turnaround of Webtech Wireless into a supplier

Inventergy Announces $2.15 Million Common Stock Financing to Accelerate Licensing Operations

Inventergy Announces $2.15 Million Common Stock Financing to Accelerate Licensing Operations

CAMPBELL, CA — (Marketwired) — 04/01/15 — Inventergy Global, Inc. (NASDAQ: INVT) ("Inventergy"), today announced that it has entered into definitive agreements with several institutional investors and accredited investors to purchase a total of $2.15 million of common stock of the Company, consisting of 4,673,914 shares of common stock at $0.46. Gross proceeds will be approximately $2.15 million, which the Company intends to use for working capital purposes in support of its intell

Columbus International Inc. Closes Upon Its Acquisition by CWC

Columbus International Inc. Closes Upon Its Acquisition by CWC

BRIDGETOWN, BARBADOS — (Marketwired) — 03/31/15 — Columbus International Inc. ("Columbus") is pleased to announce that it has received the requisite approvals, satisfied all necessary conditions and has closed upon its transaction to be acquired by Cable & Wireless Communications PLC ("CWC") as previously announced on November 6, 2014. The acquisition, valued at US$3.025bn, will enable the combined company to significantly accelerate growth, improve service delivery t

CWC/Columbus Merger Finalized; Strong Regional Telecommunications Provider Emerges

CWC/Columbus Merger Finalized; Strong Regional Telecommunications Provider Emerges

LONDON, UNITED KINGDOM — (Marketwired) — 03/31/15 — Cable and Wireless Communications, Plc (CWC) announced today that it has completed its US$1.85bn acquisition of 100% of the equity of Columbus International Inc.Commenting on the completion of the transaction, Chief Executive Officer, Phil Bentley, said: "This is a transformational deal for Cable & Wireless Communications. Columbus Communications is an outstanding business; not only do we add significant fibre optic submarine backh

Frost & Sullivan Features Sigma Systems in Acquisition Integration Best Practices Guidebook

Frost & Sullivan Features Sigma Systems in Acquisition Integration Best Practices Guidebook

TORONTO, ON — (Marketwired) — 03/31/15 — , the pioneer of Idea to Install, has been featured in a Best Practice Guidebook by Frost & Sullivan. The guidebook profiles how Sigma–s approach to post-acquisition integration blends the best of both parent and acquired companies, leading to improved talent retention, process efficiency, and market visibility.After the acquisition of Tribold in 2013, Sigma had to integrate different market approaches and business processes without compromising