Natural Convergence Buys NewStep Networks

Natural Convergence Inc., an Ottawa-based provider of hosted VoIP software applications, has acquired NewStep Networks Inc., a Toronto-based provider of session management convergence solutions for carriers and enterprises. No financial terms were disclosed. Natural Convergence has raised VC funding from firms like VIMAC Ventures, Jefferson Partners, BDC Venture Capital, Dejardins, Primaxis, WesleyClover and PurpleAngel. NewStep had raised VC funding from firms like VenGrowth Private Equity Partners, BDC Venture Capital and Newbury Ventures.

9 June 2009•3 mins read
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