BT Conferencing has finally acquired Wire One Holdings from the Gores Group; this acquisition will help increase the customer base of the company and significantly enhance the company’s video conferencing capabilities and service offerings.
Wire One Holdings, which is a US videoconferencing solutions company will now form the core of BT Conferencing’s Video Business Unit, said a source from the company.
The Denver-based company, Wire One is one of the most recognized companies that has been providing reliable, cost-effective, and easy-to-use video communication solutions to its customers for two decades now; it has a customer base of more than 8,000 the world over and manages more than 40,000 conferences every year.
Aaron McCormack, CEO, BT Conferencing, said that the demand for video conferencing is on a steep incline, and with its new acquisition, BT has become the world leader in providing video solutions.
He further said that BT customers will now have access to high-quality video services from a single worldwide provider over a global IP network that covers 170 countries.
Adding to this, Jeff Prestel, former Senior VP — Sales and Marketing, Wire One, and the new GM of the BT Conferencing Video Business Unit, said that the company’s customer-centric focus will continue to set new benchmarks in terms of innovation and excellence in service delivery.