Enghouse buys German affiliate of VC-backed XConnect
Enghouse Systems Ltd (TSX: ENGH) has bought XConnect GmbH, a German provider of carrier change processes and number portability services to telecommunications companies. No financial terms were released. The business was sold by XConnect Global Networks Ltd, a London, U.K.-based provider of voice, messaging and number information services. Enghouse, a Markham, Ontario-based enterprise software solutions company, said the deal establishes its Enghouse Networks division in Germany. Venture-backed XConnect closed its most recent round in 2013 with Young Associates and Crescent Group.
29 November 2017•2 mins read
