BroadSoft Nabs mPortal
By Jeff Baumgartner published
Communication software specialist BroadSoft has acquired mPortal, a designer and developer of customer experience products spanning mobile, Web and other connected devices.
The acquisition, announced Thursday (June 5), will provide the foundation for a new unit, BroadSoft Design, that will enable service providers and enterprises to create customized unified communications platforms built around Broadsoft’s “UC-One” solution.
Financial terms were not disclosed, but BroadSoft said the acquisition is expected to contribute about $4 million in incremental revenue to BroadSoft for the remainder of 2015. BroadSoft pulled in Q1 revenues of $55.7 million, up 27%, paired with a net loss of $2 million (7 cents per share).
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