Modulis, founded in 2006, is a premium VoIP provider to mid-sized and large enterprises offering reliable and redundant phone systems on a global scale with its multi-tenant, load-balanced, and failover-enabled CPaaS platform. Modulis serves users throughout the United States, Canada, and European markets, with support in both English and French.
This acquisition furthers ClearlyIP’s reach, adding an additional office location and a Canadian entity in Montreal, Quebec, that will extend and strengthen its in-market presence across Canada. With this transaction, ClearlyIP greatly enhances its ability to provide large scale offerings as a leading VoIP infrastructure and solutions provider for global OEMs, resellers, and communications providers.
The deal adds additional financial scale to Clearly IP; complements ClearlyIP’s comprehensive portfolio of customer premise equipment and cloud services with similar best-in-class solutions; and brings together a highly capable staff of experienced VoIP, UCaaS, CPaaS, WEBRTC, and cloud professionals.
Over the coming months, ClearlyIP will dedicate additional resources to grow and transform the Modulis and ClearlyIP platforms to provide next-generation products and services to its customers. ClearlyIP will integrate the network and billing systems with the goal of minimally impacting customers while making the changes necessary to significantly enhance service offerings.
According to the company, notices will be provided to Modulis customers prior to making any changes in their services. Existing Modulis customers will continue to receive the same services and all agreements, points of contact, and billings will continue uninterrupted.
Adrien Laurent, president and CEO of Modulis.ca, will be joining the ClearlyIP team as vice president of Canadian operations.
Nicolet National Bank of Neenah, WI served as the exclusive financial advisor to Clearly IP in connection with this transaction. Funding was provided by Nicolet along with ClearlyIP cash reserves.