iotum’s Fourth Acquisition in Two Years
New York, NY – September 30, 2015 – iotum, a leader in teleconference and group calling solutions, announced further expansion today with the acquisition of FreeConferencePro, a Connecticut-based provider of innovative and free audio conferencing services. With this latest acquisition, iotum continues to add voice-conferencing-services providers and customers to its robust group-calling platform.
FreeConferencePro marks the fourth acquisition in the past two years for iotum, which owns several market-leading collaboration and teleconferencing products, including FreeConference.com. iotum previously acquired the business and assets of Global Conference Partners, Rondee and Gaboogie.
"As with our past acquisitions, we will minimize customer disruption," said iotum President and CEO Jason J. Martin. "FreeConferencePro's customers will be well looked after. There are a lot of conference alternatives out there so we're glad to welcome customers into the FreeConference.com family."
FreeConference.com recently added free, no-download video conferencing and free no-download screen sharing. FreeConference.com originated the free unlimited dial-in conferencing model and is the first to combine free no-download video with free unlimited dial-in.
FreeConferencePro is a completely automated and secure system that allows customers to sign up and immediately receive a Conference Access Number and a personal Passcode.
Martin explained that in addition to iotum's organic growth in customers, the company is aggressively pursuing acquisitions such as this one to boost the company's user base and provide customers with best-in-class audio and video conferencing solutions. Terms of the deal were not disclosed.
An award-winning leader in teleconferencing and group communications solutions, iotum provides collaboration SaaS products for organizations of any size. Each iotum service is an easy, reliable and feature-rich conferencing alternative to over-priced or under-featured competitors. iotum’s flagship product, FreeConference.com, serves over a billion minutes a year of all–digital conference calls.
With offices in Los Angeles and Toronto, iotum is #199 on Inc. Magazine’s list of fastest growing private companies in America & No. 27 on the PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. For more information about iotum, its team, solutions and services, please visit www.iotum.com.