Gamma buys Coolwave Communications

Gamma Communications has announced it has acquired Coolwave Communications in an effort to bolster its global presence and enhance its voice services portfolio.

Coolwave is headquartered in Dublin, Ireland, with offices in the Netherlands, Germany, Singapore and the UK. The company provides international SMS and voice services.

Gamma said this acquisition will enhance its delivery of voice services in over 100 countries. Additionally, it will help underpin Gamma’s SIP, Microsoft Direct Routing and Operator Connect propositions as it expands internationally.

Mike Mills, director of service providers, Gamma (pictured above, second from right), said, “The acquisition of Coolwave aligns perfectly with our strategy to expand our global footprint and provide world-class voice and SMS services to customers.

“This move enhances our competitive position and empowers us to offer even more innovative solutions.”

Ronan Higgins, commercial director, Coolwave, commented, “We are thrilled to join forces with Gamma. It is a great move for Coolwave. This partnership allows us to combine our strengths, technology, and customer relationships with Gamma’s resources, size, brand, and energy.

“Together, we can bring extra services to our customer base and deliver unparalleled voice and messaging services to businesses across the globe.”

Daryl Pile, managing director of Gamma Business (pictured above, left), added, “The Coolwave team and capabilities are a superb complimentary fit to our service provider team.

“We now deliver a range of internationally available services to over 400 existing customers. It will enable us to expand existing relationships and drive new ones, accelerating growth in the global voice services market.”

Terms of the transaction were not disclosed. Q Advisors acted as financial advisor to Coolwave Communications.