BroadSoft, Inc. is a communication software and service provider that was acquired by

Cisco Systems Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...

in 2018. BroadSoft was founded in 1998 and completed its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

in 2010, and was headquartered in Maryland. It partners with carriers and large service providers in several countries. BroadSoft’s customers include AT&T, Verizon Communications, Sprint, Charter Communications, Comcast, and Vodafone. The company provides technology for service providers to build cloud-based communications services such as voice, video, web conferencing and team messaging and contextual services.

History

The company was founded by Michael Tessler and Scott D. Hoffpauir in 1998. Prior to Broadsoft, Tessler worked at several telecommunications manufacturers and later joined Celcore, a wireless startup. Following the acquisition of Celcore by Alcatel, Tessler and Hoffpauir, an executive at Alcatel, decided to branch out on their own and create BroadSoft. BroadSoft then received $5 million in Series A round funding. BroadSoft grew organically and through acquisitions over 20 years. • 1998 – Company officially started with the name iKnow • 1999 – Renamed to BroadSoft • August 2000 – Montreal research and development center opened • 2003 – Fujitsu becomes the principal system integration partner for BroadSoft in the Asia-Pacific • September 2005 – Acquired Carbon Twelve • November 2006 – Opened new offices in

Belfast Belfast ( , ; from ga, Béal Feirste , meaning 'mouth of the sand-bank ford') is the capital and largest city of Northern Ireland, standing on the banks of the River Lagan on the east coast. It is the 12th-largest city in the United Kingdom ...

, Northern Ireland • August 2008 – Acquired

Genband Ribbon Communications US LLC is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and S ...

's M6 communication applications server, formerly VocalData • December 2008 – Acquired Sylantro Systems • October 2009 – Acquired Packet Island • June 2010 – BroadSoft debuted on the Nasdaq Global Market • October 2010 – Acquired Casabi • October 2011 – Acquired iLinc Communications and Movial Applications Oy • April 2012 – Acquired Partners 1993 EOOD • August 2012 – Acquired Adaption Technologies Ventures • August 2013 – Acquired Hosted IP Communications (

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

) Limited (HIPCOM) • December 2013 – Acquired finocom AG • August 2014 – Acquired Systems Design & Development, Inc. (SDD) • January 2015 – Acquired Leonid Systems • June 2015 – Acquired mPortal • November 2015 – Acquired PBXL • February 2016 – Acquired Transera • May 2016 – Acquired Intellinote • October 2016 – Acquired VoIP Logic • November 2016 – Launches Team-One • October 2017 - BroadSoft announced that it had entered into an agreement to be acquired by Cisco for approximately $2 billion. • February 2018 - BroadSoft acquired by Cisco

References

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External links

Official corporate website
2018 mergers and acquisitions Communication software American companies established in 1998 Software companies established in 1998 Software companies based in Maryland Companies based in Gaithersburg, Maryland Cisco Systems acquisitions Companies formerly listed on the Nasdaq 2010 initial public offerings Software companies of the United States