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Approximately $42.5 million and was funded with cash on hand
West Corporation (Nasdaq:WSTC), a leading provider of technology-enabled communication services, today announced it has acquired the 911 Enable business of Connexon Group, Inc. 911 Enable provides emergency communications solutions for IP-based enterprise customers across the United States and Canada.
911 Enable is now part of West’s Intrado operations. Together, Intrado and 911 Enable plan to build on their respective expertise in enterprise VoIP 911 and public safety communications to deliver improved emergency response to business, government, education and non-profit organizations of all types and sizes.
“911 Enable provides an excellent complement to our VoIP services,” said Mary Hester, President, Intrado. “The rapid growth and complexity of IP-based technology creates unique challenges for the delivery of Enhanced 911. Working together, we can closely integrate and expand our solutions for the enterprise market. This acquisition also allows us to further combine West solutions to meet a variety of communications needs for enterprise customers. We look forward to working with the talented 911 Enable employees as we continue to lead our industry and transform emergency communications.”
“We are thrilled to be a part of the Intrado team,” said Lev Deich, Managing Director for 911 Enable. “This combination allows us to further extend our vision of public safety solutions for the enterprise customer, and we are both fully committed to enhancing the quality of 911 service.”
The purchase price for 911 Enable was approximately $42.5 million and was funded with cash on hand. The financial results of 911 Enable for the remainder of the year are not expected to be sufficiently material as to cause the Company to update its 2014 guidance provided on July 31, 2014.
West Corporation (Nasdaq:WSTC) is a global provider of communication and network infrastructure solutions. West helps manage or support essential enterprise communications with services that include conferencing and collaboration, public safety services, IP communications, interactive services such as automated notifications, large-scale agent services and telecom services.
