Canada-based Sangoma Technologies Corp. completed the sale of subsidiary VoIP Supply LLC effective to June 30. The transaction is part of an ongoing initiative to “simplify its portfolio and sharpen its focus on core business areas” such as unified communications (cloud, hybrid and on-premises solutions), contact center and communications platforms, company officials said.
The VoIP Supply business was increasingly non-core to Sangoma’s long-term vision, the company said. The sale effectively concludes Sangoma’s involvement in the VoIP hardware distribution segment.
“This divestiture enables Sangoma to direct greater energy and investment into areas where we see significant opportunities for innovation, scalability and growth,” said CEO Charles Salameh. “It reflects our disciplined approach to portfolio management and our commitment to creating long-term value for shareholders.”
