BroadSoft
 | |
| Public | |
| Traded as | NASDAQ: BSFT |
| Industry | Communication software |
| Founded | 1998 |
| Headquarters | Gaithersburg, Maryland, United States |
| Revenue | $278 Million(As of 2015)[1] |
| Website | http://www.broadsoft.com/ |
BroadSoft, Inc. (NASDAQ: BSFT) is a global communication software and service provider with over 500 customers worldwide supporting millions of subscribers.[1][2][3][4] The company provides cloud-based Unified Communications solutions to communications service providers, based on their UC-One solution which consists of two product platforms, BroadWorks and BroadCloud. [5] In 2013 the company acquired the British company Hosted IP Communications (Europe) Ltd. (HIPCOM)[6] and the German company Finocom AG, both providers of cloud-delivered unified communications services.[3]
Background
The company was founded by Michael Tessler and Scott D. Hoffpauir in 1998.[7] The products and services of the company play a critical part in the network by serving as the software which delivers and coordinates call control and information transmission over service providers’ IP-based network.[8] Its products include BroadWorks and BroadCloud. The company’s flagship product, BroadWorks, is a Voice over Internet Protocol (VoIP) applications platform that enables service providers to deliver basic and enhanced voice services for business and residential end users. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadworks/#sthash.BkrN9LWt.dpuf. BroadCloud is a fully managed service that delivers BroadSoft’s comprehensive Unified Communications services. - See more at: http://www.broadsoft.com/service-providers/products-applications/broadcloud/#sthash.8QiU844g.dpuf In 2014, the company was selected as the supplier of Sprint Corporation (NASDAQ: S) for its next generation multimedia system-based network and VoLTE development.[9]
On May 31, 2016 BroadSoft, Inc. announced the acquisition of Reston, Virginia-based Intellinote, an enterprise messaging-based team communication and collaboration software application built for the increasingly mobile and millennial workforce.[10]
Awards
In 2013, the company received Frost & Sullivan 2013 New Product Innovation Leadership Award for its hosted unified communication platform product.[11] In the same year, thanks to its unified communication platform, UC-one, it won the People's Choice Stevie Award in the 11th American Business Award Competition. UC-one was listed in "Favorite Telecommunications Service" list.[12]
References
- 1 2 "BSFT Key Statistics | BroadSoft Inc Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-26.
- ↑ "BSFT Profile |BroadSoft, Inc Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-26.
- 1 2 "BroadSoft Inc (BSFT.OQ) Quote Reuters.com". Reuters.com. Retrieved 2014-02-26.
- ↑ "Sprint Taps BroadSoft for VoLTE Transition". Lightreading.com. Retrieved 2014-02-26.
- ↑ "BroadSoft, Inc.: NASDAQ: BSFT quotes & news - Google Finance". Google.com. Retrieved 2014-02-26.
- ↑ Flook, Bill (13 Augiust 2013) BroadSoft buys HIPCOM in U.K. expansion Washington Business Journal, Retrieved 30 April 2014
- ↑ "BroadSoft, Inc. (BSFT) marketwatch". Marketwatch.com. Retrieved 2014-02-26.
- ↑ "BroadSoft, Inc. (BSFT) Earnings Report Date - NASDAQ.com". Nasdaq.com. Retrieved 2014-02-26.
- ↑ "Sprint Selects BroadSoft to Deliver Next-Generation IMS and Voice Over LTE Services". Sg.finance.yahoo.com. 2014-01-29. Retrieved 2014-02-26.
- ↑ "BROADSOFT ANNOUNCES ACQUISITION OF INTELLINOTE" (Press release). BroadSoft. 31 May 2016.
- ↑ "BroadSoft Receives Frost & Sullivan 2013 New Product Innovation Leadership Award". Broadsoft.com. 2013-08-14. Archived from the original on 2014-07-23. Retrieved 2014-02-26.
- ↑ "BroadSoft Wins People's Choice Stevie(R) Award in 2013 American Business Award(SM) Competition". Finance.yahoo.com. 2013-09-16. Retrieved 2014-02-26.