Addressing growing demand for enterprise video and telepresence solutions and adding to the industry’s broadest visual communication portfolio, Polycom, Inc. (NASDAQ: PLCM) announced the Polycom Converged Management Application™ (CMA™) designed to dramatically simplify the deployment and management of enterprise video networks and the use of desktop, group and telepresence solutions for users. A key component of the solution is CMA Desktop™, a tightly integrated enterprise desktop video application capable of supporting high definition (HD) video, voice and content while scaling to thousands of users across an organization. [click to continue...]
XO Holdings, Inc. (OTCBB: XOHO) today announced that it has raised $780 million through the issuance of two new series of preferred stock in order to retire senior debt, fund future growth initiatives and provide ongoing working capital for the business.
XO Holdings, Inc. issued 555,000 shares of the Company’s 7% Class B Convertible Preferred Stock (”Convertible Preferred Stock”) for consideration of $555,000,000 and 225,000 shares of the Company’s 9.50% Class C Perpetual Preferred Stock (”Perpetual Preferred Stock”) for $225,000,000 to affiliates of Carl C. Icahn, the Company’s Chairman. [click to continue...]
PAETEC Integrated Solutions Group (ISG), a division of PAETEC Holding Corp. (NASDAQ GS: PAET) has been officially re-certified for Silver Certification from Cisco. To continue earning Silver Certification, PAETEC ISG had to meet rigorous standards for networking competency, service, support and customer satisfaction set forth by Cisco. [click to continue...]
Mitel has risen to the top spot among the list of highest climbers in this year’s edition of the Financial Post 500 (FP500), the definitive ranking of Canada’s top companies by revenue.
Mitel, a leader in business communications since 1973, completed a $729 million acquisition of U.S.-based Inter-Tel Inc on August 16, 2007, creating a, market leader in the global IP communications industry, including leadership in the fast growing SMB sector of the market. [click to continue...]
TelePacific Communications, a provider of business telecommunications network solutions serving customers in Nevada and California, today announced that it has expanded its Nevada service area to include the state capital, Carson City. TelePacific now serves all major cities in Nevada. [click to continue...]
