West Corporation

West Corporation
Public
Traded as NASDAQ: WSTC
Industry Outsourcing, business services, hosted solutions, telecommunications
Headquarters Omaha, Nebraska, USA
Key people
Thomas B. Barker, Chairman/CEO/Director, Anthony J. DiNovi, Director, Steven G. Flesher, Director , Soren L. Oberg, Director, Jeff T. Swenson, Director, Nancee R. Berger, President/COO, Paul M. Mendlik, CFO/Treasurer[1]
Revenue Increase $2.6 billion USD (2012[2]
Number of employees
26,430 (2013) [3]
Website

West Corporation is a publicly traded telecommunications services provider based in Omaha, Nebraska.[4]

Affiliates

West Corporation operates under two segments: Communications Services and Unified Communications to provide customer contact services, conferencing services, event services and emergency call operations.[5][6] Intrado supports emergency call operations, Intercall is the world’s largest conferencing service provider, and Televox offers healthcare products and communications support in commercial markets.[7][8][9]

History

Gary and Mary West co-founded WATS Marketing of America in 1978.[10] The couple left the company in 1985 and Mary West founded West Teleservices with Troy Eaden in 1986.[10] Gary West joined West Teleservices one year later as chairman.[10]

During the first decade, West Teleservices hired thousands of employees and reached over $100 million in net proceeds.[10] West Teleservices expanded their products through a series of acquisitions, including Tel Mark Sales Inc., Intercall, Televox, and HyperCube.[10]

In November 1996, West went public with 2,000 employees.[10]

In 2002, West acquired Tel Mark Sales, Dakotah Direct, and Attention, LLC.[10] The following year, West acquired conferencing company InterCall and ConferenceCall.com.[10][11]

In 2006, West which had been publicly traded since 1996, recapitalized under the sponsorship of investor groups led by Thomas H. Lee Partners and Quadrangle Group.[10] Gary and Mary West continued to maintain 25 percent of the company.[10]

Name history

West Teleservices changed its name to West Corporation on Jan. 1, 2001.[12] The company name had been West TeleServices Corporation from November 1996 through 2000.[10][12]

Acquisitions

Since 2002, West Corporation has invested approximately $2.7 billion in strategic acquisitions.[10]

West has acquired:

Alied Ownership: [35]

Awards

External links

References

  1. "People at WSTC - Executives, Board & Key Employees at West Corp.". The Wall Street Journal. Retrieved 11 July 2013.
  2. "WSTC Key Statistics". Yahoo! Finance. Retrieved 11 July 2013.
  3. "WSTC Profile". Yahoo! Finance. Retrieved 11 July 2013.
  4. 4.0 4.1 "COMPANY NEWS; WEST TO BUY ECI CONFERENCE CALL SERVICES". The New York Times. Retrieved 11 July 2013.
  5. "WSTC Profile". Yahoo! Finance. Retrieved 11 July 2013.
  6. "International Customer Care Facilities". West Corporation. Retrieved 11 July 2013.
  7. "Intrado Inc.". Vault.com. Retrieved 11 July 2013.
  8. "InterCall Acquires Unisfair". Elearning. Retrieved 11 July 2013.
  9. "Company Overview of TeleVox Software, Inc.". Businessweek. Retrieved 11 July 2013.
  10. 10.0 10.1 10.2 10.3 10.4 10.5 10.6 10.7 10.8 10.9 10.10 10.11 10.12 10.13 10.14 10.15 "West Corp.'s public offering puts a face on behind-the-scenes operations". Omaha.com. Retrieved 11 July 2013.
  11. 11.0 11.1 "West Buys ConferenceCall.com for $38.5 Million". Direct Marketing News. Retrieved 11 July 2013.
  12. 12.0 12.1 "WEST CORP. /Omaha, Nebraska Firm With Low Profile Enjoying High Growth". Investors.com. Retrieved 11 July 2013.
  13. "West Corp. to Buy Worldwide Asset.". HighBeam Research. Retrieved 11 July 2013.
  14. "COMPANY NEWS; WEST WILL PAY $207 MILLION FOR SPRINT'S CONFERENCING UNIT". The New York Times. Retrieved 11 July 2013.
  15. "West completes Intrado acquisition". Denver Business Journal. Retrieved 11 July 2013.
  16. "West Corporation Completes Raindance Acquisition and Updates 2006 Guidance". TMCnet.com. Retrieved 11 July 2013.
  17. "Petra Announces the Sale of InPulse Response Group". Business Wire. Retrieved 11 July 2013.
  18. "West Corporation to Acquire TeleVox Software and CenterPost Communications". TMCnet.com. Retrieved 11 July 2013.
  19. "West Completes Acquisition of TeleVox". TMCnet.com. Retrieved 11 July 2013.
  20. "In Brief: Neb. Outsourcer West Sets Buyout.(West Corp.)(Omnium Worldwide Inc.)(Brief article)". HighBeam Research. Retrieved 11 July 2013.
  21. "Company Overview of HBF Group, Inc.". Businessweek. Retrieved 11 July 2013.
  22. "West Buys Genesys Conferencing". TMCnet.com. Retrieved 11 July 2013.
  23. "InterCall Asserts Vision for Virtual Events with Acquisition of Stream57". Intercall. Retrieved 3 October 2014.
  24. "West Corporation to Bolster Unified Communications Offering with Acquisition of SKT Business Communication Solutions". Business Wire. Retrieved 11 July 2013.
  25. "West Corp. Buys Holly Connects". Mergers & Acquisitions. Retrieved 11 July 2013.
  26. "West Interactive Acquires TuVox". EON: Enhanced Online News. Retrieved 11 July 2013.
  27. "West Corporation Reports Fourth Quarter and Full Year 2010 Results and Provides 2011 Guidance". Reuters. Retrieved 11 July 2013.
  28. "InterCall Acquires POSTcti". Business Wire. Retrieved 11 July 2013.
  29. "West Corporation Acquires Twenty First Century Communications". Business Wire. Retrieved 11 July 2013.
  30. "InterCall Expands Its Streaming Services Portfolio with Acquisition of Unisfair". Business Wire. Retrieved 4 April 2014.
  31. "West Corp. acquires HyperCube". Longmont Times-Call. Retrieved 11 July 2013.
  32. "West Corporation Completes Acquisition of Smoothstone IP Communications". Business Wire. Retrieved 2 August 2013.
  33. "SchoolMessenger Acquired by West Corporation". edSurge. Retrieved 14 April 2014.
  34. "SchoolMessenger Announces Acquisition of SchoolReach". SchoolReach. Retrieved 3 Nov 2014.
  35. http://nvsos.gov/sosentitysearch/CorpSearch.aspx All business are registered with Nevada Secretary of States Office and connected through a maze of ownership and governance all leading back to West Corp.
    • Worldwide Asset I & II
    • Worldwide Asset Purchasing
    • Worldwide Asset Servicing
    • Worldwide Acquisitions
    • Worldwide Enterprises
    • Worldwide Receivables Purchasing
    • National Asset Servicing
    • Galaxy Investments
    • Galaxy Capital Inc
    • Galaxy Capital Investors
    • Galaxy Asset Purchasing
    • Galaxy International Purchasing
    • GMP (galaxy management portfolio) I & III
    • Galaxy Servicing Inc
    • Galaxy Capital Servicing
    • Galaxy Investment Servicing
    • HAH I,II & III
    • Galaxy Capital Recoveries
    • HK Group Inc
    • Global Asset Properties
    • Galaxy Portfolio Management
    • Galaxy Portfolios
    • Galaxy Capital Group
    • Galaxy Capital Acquisition I & II
    • West Receivables Purchasing
    • West Asset Management inc
    • MH Networks
    • American Asset Purchasing
    • Worldwide Call Centers
    • Aurora Capital Management
    • West Telemarketing Corporation & Outbound Telecommunications resources Inc
  36. "West Corporation Receives Frost & Sullivan Award for Product Differentiation Innovation in Outsourced Communication Solutions". PRNewswire. Retrieved 11 July 2013.
  37. "West Corporation Awarded for Support of National College ISE Program". National College. Retrieved 11 July 2013.