BRC to Acquire Sangoma in $204 Million Deal at 47% Premium
BRC will buy Sangoma for $204 million at a 47% premium; shareholders get about $5.225 a share in cash and stock.
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About Sangoma Technologies Corporation
Sangoma Corporation, formerly known as Sangoma Technologies Corporation, is a Canadian company specializing in Communications as a Service (CaaS) solutions, Voice over IP (VoIP) hardware, and software for businesses. Founded in 1984 and headquartered in Markham, Ontario, Sangoma is publicly traded on the Toronto Stock Exchange and NASDAQ (SANG). The company rebranded to Sangoma Corporation in [year of name change, e.g., 2024; source needed] to reflect its broadened focus on unified communications and cloud-based solutions. Sangoma has grown through strategic acquisitions, including FreePBX in 2015, Digium in 2018, Star2Star in 2021, and Netfortris in 2022, establishing itself as a key player in the unified communications and VoIP markets.
Everything about Sangoma Technologies Corporation →- Country
- Canada
- Headquarters
- Markham
- Inception
- 1984
- Website
- http://www.sangoma.com/