Press Release Archive
PGi Enters into Agreement to Acquire Cloud Communications Provider ReadyTalk
Jan 12, 2017
ATLANTA, Jan. 12, 2017 /PRNewswire/ -- PGi, the world's largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based ReadyTalk, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service and managed webinar solutions.
"We have admired ReadyTalk for years. They are well known for having great products built by great people with a strong commitment to the success of their customers and partners," said Ted Schrafft, President and CEO, PGi. "ReadyTalk's focus on mid-market customers and carrier partners aligns perfectly with PGi's strategic and go-to-market priorities for 2017 and beyond. We are excited to welcome ReadyTalk to the growing PGi family later this month."
ReadyTalk was founded in 2001 and, today, provides collaboration software and services to more than 6,000 small- and mid-sized businesses. Like PGi, ReadyTalk has differentiated its brand in a competitive market by combining intuitive, innovative technology with unmatched customer service. ReadyTalk's product suite is designed with partners in mind, with full white labeling capabilities. Its business is built to provide end-to-end service and support to telecommunications service providers, which supports PGi's strategic priority to leverage carriers as an increasingly important part of its distribution strategy.
"ReadyTalk is committed to providing outstanding collaboration experiences for our customers and partners," said Dan King, CEO, ReadyTalk. "We're excited to come together with PGi to forge a world-class user experience and to provide unmatched service excellence and product innovation in the UC&C space."
Subject to customary closing conditions, the transaction is expected to close at the end of the month.
All trademarks referred to in this release are the property of their respective owners.
About Premiere Global Services, Inc. │ PGi
PGi is the world's largest dedicated provider of collaboration software and services. For more than 25 years, our broad portfolio of products has served the end-to-end collaboration needs of enterprises. Accessible anywhere, anytime and on any device, PGi's award-winning collaboration solutions drive productivity and teamwork for approximately 50,000 customers around the world. To learn more, visit us at pgi.com.
ReadyTalk delivers cloud communication services, including audio, video, web and voice conferencing as well as webinars, that inspire collaboration and improve communication for today's digital and mobile workforce. By combining intuitive, innovative technology with unmatched customer service, ReadyTalk provides a seamless collaboration experience for anyone, across any device, platform or location. Everything you need, anywhere you are. ReadyTalk is headquartered in Denver, CO and was founded in 2001.
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