On March 29, 2022, Sangoma Technologies Corporation, known for delivering cloud-based communications as a service solution for diverse companies, acquired U.S.-based managed IT and cloud communications provider NetFortris corporation for $100 million. Norton Rose Fulbright US and Norton Rose Fulbright Canada are serving as legal counsels to Sangoma Technologies and INFOR Financial is the financial advisor. Dentons is serving as U.S. and Canadian legal counsel to NetFortris and Q Advisors is the financial advisor. “A critical part of our existing strategy, and of our competitive differentiation, involves providing customers with the widest set of cloud communications services in our industry, avoiding the need for them to buy five different services from five different vendors,” said Bill Wignall, President and CEO of Sangoma. “The acquisition of NetFortris further extends that strategy in such a perfectly natural manner. Not only can customers already get from Sangoma all the ‘aaS’ products they use today, but now they will also be able to obtain all the other cloud-based MSP services they know they need, such as managed network security, managed access, and managed SD-WAN. This truly is ‘one stop shopping’ for our customers, and it taps into that very important new trend that so many of us in the industry see starting to emerge. I am most excited about this acquisition, our eleventh in eleven years, because it demonstrates our innovative, unique, forward-looking vision and it continues to push Sangoma ahead in the market, further differentiating us from the competition.”