• Tofane Global enters in exclusive negotiations with Altice N.V. to acquire its activities regrouped under the “Altice International Wholesale”
• With this second operation Tofane Global, which signed last week the acquisition of iBasis (Royal KPN N.V.), becomes the third provider of inter-operator international services in the world (voice and mobile)
March 12, 2018 04:44 PM Eastern Daylight Time
PARIS–(BUSINESS WIRE)–Tofane Global has entered exclusive negotiations with Altice NV (Euronext: ATCA, ATCB) to acquire « Altice International Wholesale » (AIW) consisting of the group’s international inter-operator
Among the company’s apps are the Smart App, Smart Builder, and Smart Operator products, which solve the problem of fragmentation by streamlining and simplifying app development and maintenance across all TV platforms. Broadcasters, cable networks and pay-TV operators can also collaborate with 24i using its proprietary production framework, AppCore, to create a fully customizable app that can be distributed across multiple platforms to reach a wider audience and capture more revenue. For more information on 24i, or to schedule a meeting at NAB or INTX, please visit www.
Recurly, Inc. provides enterprise-class recurring billing management for thousands of subscription-based SaaS, Media, Mobile, Productivity, and Publishing businesses worldwide. Businesses like AccuWeather, DishDigital, GigaOm, Groupon, JibJab Media, HubSpot, Asana, Optimizely, Twitch.tv, and Zillow depend on Recurly’s ability to deliver recurring billing automation. Since its launch in January of 2010, Recurly has deployed subscription billing for companies in 32 countries throughout North America and Europe. Recurly, Inc. is PCI-DSS Level 1, SAS 70 / SSAE 16 Compliant, and operates in compliance with the data protection practices outlined in the E.U. Safe Harbor Agreement. For more information, visit https://recurly.com About Devonshire Investors
Devonshire Investors is the private investment firm affiliated with FMR LLC, the parent company of Fidelity Investments. The firm has a long track record in venture capital and private equity with funds based in the US (Boston), Europe (London) and Asia (China, India and Japan). About Greycroft Partners
Greycroft Partners is a leading venture capital firm focused on investments in the Internet and mobile markets. With offices in the two media capitals of the world – New York and Los Angeles – Greycroft is uniquely positioned to serve entrepreneurs who have chosen us as their partners. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, successfully bring their products to market, and build successful businesses. Greycroft manages $600 million and has made over 100 investments since inception, including leading companies such as AppAnnie, Baublebar, Braintree, Buddy Media, Collective, Extreme Reach, Huffington Post, JW Player, Klout, Maker Studios, Plain Vanilla, Pulse, TheRealReal, Trunk Club and WideOrbit.
Push Technology solves the complexity around data distribution by optimizing application data to offer organizations intelligent delivery of real-time data to any device regardless of connectivity or location. The Company’s robust and innovative flagship communication platform, Diffusion™ helps to reduce infrastructure requirements while delivering high performance and scalable services to any Internet connected device. Push Technology works with organizations in the e-gaming, financial services, telecommunications, healthcare, media and broadcast and transportation sectors to optimize data, mobile application performance, Web scale and data acceleration. Delivering data that’s live to the millisecond, Push Technology ensures that businesses can deliver engaging real time customer experiences to drive revenues, increase competitiveness, develop new business models to reduce network strain and recover costs and also elevate consumer engagement across multiple channels in real time. Customers include Betfair, Betdaq, Cognia, Lloyds Bank, Oddschecker, Racing Post, Sportingbet, Tradition and William Hill. For more information, visit www.pushtechnology.com.
Epoxy is the only social-focused video tool, helping online video creators control their content and connect with fans where they already engage the most – on social media. Its unique underlying technology combines the best distribution, engagement and viewing experiences into one central location. Epoxy was funded by Upfront Ventures, Time Warner Investments, Greycroft Partners, Bertelsmann Digital Media Investments, Downey Ventures, Advancit Capital and strategic angels. Our team backgrounds include Stanford, Brown, MIT, CalTech, Adobe, Apple, GroupMe, Mixpanel, MSG, NASA and Pixar. For more information, visit epoxy.tv. About Upfront Ventures
Upfront Ventures is the largest and longest established venture capital firm based in Los Angeles. It manages more than $1 billion across four funds and has backed many successful startups including Maker Studios, TrueCar, Envestnet, Overture and CitySearch. About Time Warner Investments
The Time Warner Investments group was founded in 2003 and focuses on investment opportunities that directly enhance Time Warner’s ability to meet specific strategic goals. These strategic goals include the delivery of new services, enhancement of an existing product, entry or expansion into a key strategic market, completion of a strategic partnership, and critical research and development.
The University of Michigan’s Zell Lurie Institute at the Ross School of Business’s Zell Lurie Commercialization Fund, which is managed by students, has made two investments. The fund provided pre-seed investments to healthcare startup AlertWatch and ad tech startup AdAdapted. The investments totaled $90,000 and closed in November, 2013 and January 2014, respectively.
The University of Michigan’s Zell Lurie Institute at the Ross School of Business today announced that its student managed Zell Lurie Commercialization Fund has made two investments. The fund provided pre-seed investments to healthcare startup AlertWatch and ad tech start up AdAdapted. The collective investments total $90,000 and closed in November 2013 and January 2014, respectively. The deals mark the latest in a series of successful investments by the fund (formerly the Frankel Fund), which includes Accio Energy, Ambiq Micro and Are You A Human in its portfolio.
The Zell Lurie Commercialization Fund is a student-led, pre-seed investment fund established to identify and accelerate the commercialization of ideas generated within the University community and the surrounding area. A team of 25 graduate students manage the fund and are organized into four investment teams – health care, technology, consumer and cleantech investments. Each team may invest up to $100,000 per investment (in multiple installments) in entrepreneurial ideas with great potential and a vision for the future. The process provides action-based educational experience for MBA and other graduate students in early stage company formation and evaluation. The Zell Lurie Commercialization Fund is part of a trifecta of student-led venture funds offered at Ross, including the pioneering Wolverine Venture Fund and Social Venture Fund.
“The Zell Lurie Commercialization Fund is as close to a real-world investing experience as any MBA student could possibly receive,” said Stewart Thornhill, director of the Zell Lurie Commercialization Fund and executive director of the Zell Lurie Institute. “Both of these investments demonstrate the strength of the local startup scene and represent the power of the greater U-M community to foster growth within the region. AlertWatch and AdAdapted both have tremendous promise to transform their respective industries and deliver a return on our investments.”
U-M Spinout AlertWatch Aims to Increase Patient Safety
AlertWatch, Inc. is an Ann Arbor-based spinoff from the University of Michigan Health System that produces clinical decision support systems for hospitals. Founded in 2011, AlertWatch simplifies patient monitoring with intuitive products for operating rooms and intensive care units by displaying vital data to doctors in an easy-to-understand format that could help increase patient safety. AlertWatch was founded by Dr. Kevin Tremper and is led by CEO Justin Adams, a University of Michigan BSEE ’01 and MBA ’09.
“The Fund’s investment in AlertWatch is a great example of the immense talent available here in the Ann Arbor area. Not only do we have top notch technologies being developed here at The University of Michigan, but we also have management teams capable of growing and developing very impressive companies,” said Chris Doughty, MBA ’14 and the Zell Lurie Commercialization Fund student lead on the deal. “The opportunities for venture capital investments in Ann Arbor are immense and will continue to attract attention from venture capital firms around the country.”
AlertWatch’s close ties to the Ann Arbor area, their strong management team and the potential return on the Fund’s investment make it an ideal investment. The Fund became aware of AlertWatch through its close relationship with U-M’s Office of Technology Transfer (OTT), which also proved to be a valuable source of information during the due diligence process. Since the investment was made in late 2013, AlertWatch has made significant progress on pilot testing, co-marketing partnerships and data showing improved health outcomes, and the company learned this month that it has achieved FDA 510k approval status, one of the key milestones outlined in the Fund’s deal with AlertWatch.
Doughty also noted the benefits of the valuable educational experience from working on the Fund’s investment. “As a student, I found the opportunity to work closely on a deal to be an extremely valuable experience. While conducting due diligence is critical when evaluating a deal, the investment team’s relationship with the company is even more important. My biggest takeaways from this experience are to make sure you work well with the management team of the company you’re investing in and to remember why you’re investing. If you believe in the company and its management team, your investment will be successful.”
AdAdapted to Transform In-App Mobile Advertising
Ann Arbor-based AdAdapted offers a platform that automates the native advertising model for advertisers that want to reach mobile app users via dynamic, customizable, non-disruptive, product placement opportunities within mobile games and apps. With AdAdapted, advertisers can launch scalable, trackable, custom branded campaigns across a wide variety of apps without duplicating efforts with each publisher.
The investment in AdAdapted marks the Zell Commercialization Fund’s first investment in the rapidly-growing ad tech sector and was led by Ray Gallagher, MBA ’14. Prior to this round, the year-old start-up received financing from the Michigan Micro Loan Fund in October 2012 and won the first place award of $2,000 in the New Business Ideas category of the Great Lakes Entrepreneur’s Quest business plan competition at ACE ’13.
Companies and individuals interested in obtaining funding from the Zell Lurie Commercialization Fund may find additional details about the application process on the Institute’s website at www.zli.bus.umich.edu.
About the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies
The Institute and its Center for Venture Capital and Private Equity Finance bring together a potent mix of knowledge, experience and opportunities from the front lines of entrepreneurship and alternative investments. The student learning experience is further enhanced through internships, entrepreneurial clubs and events that serve to provide viable networks and engage the business community. The School’s three student-led investment funds, with over $6.5M under management, immerse students in the business assessment and investment process. Founding Board Members include Samuel Zell, Chairman of Equity Group Investments and Eugene Applebaum, Founder of Arbor Drugs, Inc. For more information, visit the Institute at www.zli.bus.umich.edu.
About the Stephen M. Ross School of Business
The Stephen M. Ross School of Business at the University of Michigan is a vibrant and distinctive learning community grounded in the principle that business can be an extraordinary vehicle for positive change in today’s dynamic global economy. The Ross School of Business mission is to develop leaders who make a positive difference in the world. Through thought and action, members of the Ross community drive change and innovation that improves business and society.
Ross is consistently ranked among the world’s leading business schools. Academic degree programs include an MBA, Part-time MBA (Evening and Weekend formats), Executive MBA, Global MBA, Master of Accounting, Master of Supply Chain Management, Master of Entrepreneurship, Master of Management, BBA, and PhD. In addition, the school delivers open-enrollment and custom executive education programs targeting general management, leadership development, and strategic human resource management.
SOURCE Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies
Voxox, a cloud-based rich communication service for consumers and businesses, has acquired international calling service PokeTALK from E Mobile. PokeTALK was advised by Source Capital Group.
Voxox®, the most comprehensive cloud-based rich communication service for consumers and businesses, today announced that it has acquired international calling service PokeTALK from E Mobile, Inc. PokeTALK was advised by Source Capital Group, Inc., a boutique investment bank headquartered in Westport, Conn. with expertise in micro-cap growth companies in the energy, utility, and communications markets.
Over the next three months, PokeTALK’s more than 600,000 registered users will be invited to transfer their existing service to the more comprehensive Voxox service, and receive up to 100 minutes of free talk time. Additionally, PokeTALK will transfer its technology, intellectual property, and partnership agreements with Datawind, Digital Delivery Networks, Inc. (DDNI), Expansys, Hewlett Packard (HP), Lenovo, Medion, and Samsung Electronics to Voxox.
Since 2007, PokeTALK has been enabling consumers to make international calls through Web-based and mobile applications (iOS, Android). The PokeTALK service is also accessible on various tablets and laptops through a link preloaded by the Original Equipment Manufacturers (OEMs). PokeTALK will continue to be supported until the credit of active and paying users is depleted. Meanwhile, PokeTALK users will be invited to download the Voxox app onto their Android, iOS, and desktop computer.
“At Voxox, we are continually pursuing our endeavor to make Voxox a seamless part of people’s lives all over the world,” said Bryan Hertz, CEO and co-founder of Voxox. “Our acquisition of PokeTALK, and the ensuing relationships with OEMs such as Lenovo, enables Voxox to become a de facto communication service for new and existing users from the moment they turn on their new device. This is an exciting new foray for us as it helps to continue the global penetration that Voxox is experiencing in over 200 countries worldwide.”
The PokeTALK service enables consumers to make low-cost international calls leveraging features such as VoIP, callback, desktop contact synch and others. PokeTALK’s features cater well to consumers who have international calling needs as well as global travelers in that they alleviate inconveniences and reduce costs associated with roaming, a vision that Voxox shares.
“We are thrilled to join Voxox in its mission to provide the most complete communication service to consumers and businesses across the globe,” said Sruli Weinreb, president and CEO of E Mobile, PokeTALK’s parent company. “We’re confident this will be a smooth transition for our customers, and are excited to provide users with access to Voxox’s extensive portfolio of services.”
A powerful Over-The-Top (OTT) service, Voxox is revolutionizing the way users communicate. Voxox goes beyond rich communications with an unmatched combination of calling and messaging features that enable users to connect with anyone, anywhere – regardless of network or calling device. All Voxox-to-Voxox communication is free, as is all inbound communication to Voxox accounts from non-Voxox contacts. Other free and low-cost features include international calling, texting and faxing; real-time language translation; voicemail transcription; free phone number; video and media sharing; map and location sharing; and much more. Voxox also offers business phone systems and wholesale services to SMBs and enterprises. For more information about Voxox, please visit: www.voxox.com.
Download Voxox: http://www.voxox.com/downloads
Read the Voxox Blog: http://blog.voxox.com/blog
Follow Voxox on Twitter: @Voxox
Like Voxox on Facebook: https://www.facebook.com/voxox
Voxox is an innovator in unified cloud communication solutions for consumers and businesses. For consumers and its operator partners, Voxox delivers cutting-edge mobile and desktop applications that integrate voice, video, messaging, fax, media sharing and more. For businesses, Voxox provides an extensive suite of carrier-grade business phone solutions, including hosted IP-PBX, SIP Trunking, high volume SMS service, as well as a wide array of wholesale services. The foundation of the company’s offerings is its award-winning unified communications platform in the cloud, which enables the company and its customers to build powerful, scalable applications and services. Founded in 2006, Voxox is headquartered in San Diego. For more information, please visit www.voxox.com.