VCentrix Scooped Up by Momentum
Wade Roush3/2/09
Bedford, MA-based vCentrix, which hosts voice-over-Internet services for businesses, is becoming part of Momentum, a provider of white-label digital voice services based in Birmingham, AL, according to an announcement from Momentum today. “In such a fragmented market, both companies feel that hosted voice applications are entering a period of consolidation, and Momentum is well-equipped to be a leader in this coming shakeout,” Momentum CEO Alan Creighton said in the announcement. Financial terms of the deal were not disclosed.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
