West Buys Raindance
Hard on the heels of the announcement that it has acquired 911 call routing company Intrado, West Corp. today announced another acquisition: that of Web conferencing provider Raindance.
The acquisition will make Raindance a part of West' Conferencing Services segment and Raindance's services would be integrated into the InterCall suite of products. The acquisition is expected to close by the end of the second quarter and will be funded with cash on hand, West's existing bank credit facility and additional debt.
For more detailed financial information regarding the transaction, visit http://investor.shareholder.com/west/releasedetail.cfm?ReleaseID=186720
Related Tags: Raindance, raindance, acquisition
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