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March 03, 2009

deltathree Leveraging Merger Opportunities

By Tim Gray, TMCnet Web Editor


After D4 Holdings last month purchased a controlling interest in deltathree (News - Alert), a leading provider of Voice over Internet Protocol (VoIP) hosted communications solutions for resellers, end-users and service providers worldwide, the company immediately began aligning the strategic interests of both businesses.
 
Effi Baruch, chief executive officer and president of deltathree, said the companies saw “extensive opportunities” to match deltathree's comprehensive portfolio of global VoIP offerings and solutions with the international marketing and distribution capabilities available to D4 Holdings.
 
Baruch said his team would collaborate closely with the D4 Holdings in an effort to leverage the opportunities “we see for delivering high quality, next generation VoIP solutions to customers worldwide."
 
"The successful closing of D4 Holdings' investment in deltathree aligns the company with a key strategic investor whose owners have extensive expertise and reach in the global telecommunications sector and provides the company with an immediate capital infusion,” said Baruch.
 
Perhaps the most interested investors in D4 Holdings, a private investment fund, is one of its principal  owners: the owners of ACN, the world's largest direct selling telecommunications company.
 
ACN offers a broad range of telecommunications services in 20 countries in North America, Europe and the Asia-Pacific region. The addition of deltathree into the extensive portfolio is expected to help both thrive. For its part, deltathree should be able to immediately step into an extensive footprint created by CAN.
 
“We are delighted to welcome deltathree into our strategic portfolio, and look forward to realizing the synergies that are so immediately apparent between deltathree and our other entities," said Robert Stevanovski, chairman of D4 Holdings.
 
As TMCnet previously reported, the private investment fund put forward an initial bid to acquire the Manhattan-based developer of VoIP software solutions for $1.17 million.
 
 

Tim Gray is a Web Editor for TMCnet, covering news in the IP communications, call center and customer relationship management industries. To read more of Tim’s articles, please visit his columnist page.

Edited by Tim Gray




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