Iotum Acquires PE-Backed FreeConference.com
Toronto's iotum Corp., an operator of online collaboration and conference calling services, has acquired Global Conference Partners, provider of FreeConference.com and related teleconferencing services. Global Conference Partners is located in Glendale, California. The financial details of the deal were not published. Global Conference Partners was a portfolio company of U.S. private equity firm American Capital, while iotum is backed by boutique technology investor Verdexus, which has offices in Waterloo, Ontario, the United States and the United Kingdom.
15 May 2013•2 mins read
