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Intermedia Cloud Communications Completes $345 Million Refinancing of Balance Sheet

Retrieved on:

Friday, April 5, 2024

Cloud, Education, Media, TD Securities, Madison Dearborn Partners, Government, Investment, MDP, Intermedia, Health, Bank

SUNNYVALE, Calif., April 5, 2024 /PRNewswire/ -- Intermedia Cloud Communications, a leading global provider of intelligent cloud communications and collaboration applications to businesses and the partners that serve them, today announced that it has completed a $345 million refinancing of its balance sheet by entering into a new revolving credit facility and term loan with certain of its existing lenders. The new term loan, which along with the new revolving credit facility provides Intermedia with increased flexibility to invest in its business, has a maturity date due in April 2029. The refinancing was made possible as a result of Intermedia's strong financial performance, including high growth in its revenue and profitability.

Key Points:

The refinancing was made possible as a result of Intermedia's strong financial performance, including high growth in its revenue and profitability.
"Our new financing facilities increase our financial flexibility as we continue to invest in our cloud communications and collaboration offerings and partner relationships.
As businesses increasingly transition from outdated on-premises communications systems to agile cloud solutions, Intermedia's position in the market continues to strengthen.
For more information about Intermedia Cloud Communications, visit www.intermedia.com .

Noventiq Appoints Jerry Letter as Chief Financial Officer and Head of Corporate Development

Retrieved on:

Wednesday, April 3, 2024

Noventiq Holdings PLC (“Noventiq” or “the Company”), a global digital transformation and cybersecurity solutions and services provider, today announced the appointment of Jerry Letter as Chief Financial Officer and Head of Corporate Development.

Key Points:

Noventiq Holdings PLC (“Noventiq” or “the Company”), a global digital transformation and cybersecurity solutions and services provider, today announced the appointment of Jerry Letter as Chief Financial Officer and Head of Corporate Development.
View the full release here: https://www.businesswire.com/news/home/20240402610033/en/
Jerry Letter, Chief Financial Officer and Head of Corporate Development, Noventiq (Photo: Business Wire)
Mr. Letter brings over 25 years of experience across U.S. public markets, corporate finance, and global operations and finance in senior leadership roles, including expertise in capital markets and M&A transactions.
Most recently, as Chief Financial Officer and Chief Operating Officer of Corner Growth Acquisition Corp. (Nasdaq: COOL), he has worked closely with Noventiq ahead of its proposed business combination and Nasdaq listing.
Mr. Letter also served as Chief Financial Officer and Chief Operating Officer of Corner Growth Acquisition Corp.

Intermedia's Integrated Cloud Solution Helps Transform Healthcare Communications

Retrieved on:

Wednesday, March 27, 2024

SUNNYVALE, Calif., March 27, 2024 /PRNewswire/ -- Intermedia Cloud Communications, a leading provider of intelligent cloud communications and collaboration solutions to over 140,000 businesses and 7,500 channel partners, announced today at Enterprise Connect the launch of Intermedia Healthcare Solutions. With a relentless focus on innovation and connected communications, Intermedia leverages its expertise in providing healthcare organizations cloud technology and cutting-edge artificial intelligence (AI) to deliver a comprehensive, seamless solution that transforms healthcare communications and collaboration. By infusing AI technology across patient communications, internal collaboration tools, and data analytics, Intermedia Healthcare Solutions empowers healthcare providers to streamline critical aspects of their operations.

Key Points:

With a relentless focus on innovation and connected communications, Intermedia leverages its expertise in providing healthcare organizations cloud technology and cutting-edge artificial intelligence (AI) to deliver a comprehensive, seamless solution that transforms healthcare communications and collaboration.
By infusing AI technology across patient communications, internal collaboration tools, and data analytics, Intermedia Healthcare Solutions empowers healthcare providers to streamline critical aspects of their operations.
Intermedia Healthcare Solutions is designed for the diverse needs of healthcare organizations of all sizes.
"They are drawn to cloud communications vendors, like Intermedia, that will provide a comprehensive communications offering customized to the needs of their organization and patients."

Intermedia Cloud Communications Now Includes Free Archiving for All Intermedia Unite® Licenses, Supercharging Business Communication Protection, Data Intelligence and Compliance

Retrieved on:

Wednesday, February 28, 2024

Cloud, Artificial intelligence, Traction, Health, Product management, Government, SMS, Intermedia, Organization, News, Intellectual property, PCMag, Mobile phone

SUNNYVALE, Calif., Feb. 28, 2024 /PRNewswire/ -- Intermedia Cloud Communications, a leading global provider of intelligent cloud communications and collaboration solutions to businesses and the partners that serve them, today announced that Intermedia Archiving's 30-day retention option is now available for free to new and existing users of the all-in-one communications and collaboration solution, Intermedia Unite.

Key Points:

And now, Intermedia is making Intermedia Archiving available for free to all current and new Intermedia Unite users with a rolling, 30-day retention period.
"As Intermedia continues to transform businesses communications, we are excited to announce the addition of free Intermedia Archiving for all Intermedia Unite users," said Irina Shamkova, Intermedia Executive Vice President of Product Management.
Intermedia Archiving will continue to evolve this year, as it becomes a data-warehouse foundation for business data intelligence and insights.
For more information about Intermedia Archiving for Unite, and the free, 30-day archiving option, please visit https://www.intermedia.com/products/unite-archiving .

Intermedia Named Leader in Aragon Research's 2024 Globe Report for Intelligent Contact Centers for SMB

Retrieved on:

Thursday, February 22, 2024

Cloud, SMB, Research, Artificial intelligence, AI, EHR, Communication, City centre, Intermedia, Luigi, SPARK

SUNNYVALE, Calif., Feb. 22, 2024 /PRNewswire/ -- Intermedia Cloud Communications, a leading global provider of intelligent cloud communications and collaboration solutions to businesses and the partners that serve them, today proudly announced it has been positioned as a Leader in the The Aragon Research Globe™ for the Intelligent Contact Center for SMB, 2024. Aragon Research, a globally recognized technology-focused research and advisory firm, evaluated Intermedia's comprehensive portfolio of products and its strategic initiatives, positioning the company prominently within the competitive landscape of contact center solutions.

Key Points:

Intermedia has been at the forefront of empowering businesses with innovative communication tools designed to enhance customer experiences and streamline operations.
"We are honored to be named a Leader in Aragon's Intelligent Contact Center for SMB report.
"Intermedia's acknowledgement in Aragon Research's 2024 Globe Report underscores the company's dedication to innovation and to providing SMBs with advanced cloud communication tools aimed at enhancing customer engagement," said Jim Lundy, Founder and CEO of Aragon Research.
Click here for more information about Intermedia's Contact Center solution and its position in Aragon Research's 2024 Globe Report for Intelligent Contact Centers for SMBs.

Aragon Research's Annual Report Reveals the Power of Intelligent Video Conferencing in a Hybrid Work Era

Retrieved on:

Thursday, January 11, 2024

Synthetic media, Goto, Adobe, IVC, Unified communications, Research, Cisco, Intermedia, UC, Microsoft, Intelligence, PALO, Generative, Avaya, Organization, RingCentral

PALO ALTO, Calif., Jan. 11, 2024 /PRNewswire-PRWeb/ -- Aragon Research, a prominent technology research and advisory firm, has unveiled its annual Aragon Research Globe™ for Intelligent Video Conferencing, 2024. This comprehensive report assesses 17 major providers within the rapidly evolving market of hybrid work technology.

Key Points:

PALO ALTO, Calif., Jan. 11, 2024 /PRNewswire-PRWeb/ -- Aragon Research, a prominent technology research and advisory firm, has unveiled its annual Aragon Research Globe™ for Intelligent Video Conferencing, 2024 .
"The shift to intelligence has been underway for several years, and the evolving capabilities may influence the enterprise's choice of Intelligent Video Conferencing providers."
As the hybrid work era continues to shape the modern workforce, video collaboration has emerged as the cornerstone of productivity.
This report serves as a valuable resource for enterprises looking to harness the potential of intelligent video conferencing.

Intermedia Cloud Communications Introduces Intermedia Unite® AI Assistant to Spark Smarter, More Efficient Business Productivity

Retrieved on:

Tuesday, December 5, 2023

Cloud, Research, Organization, SPARK, Privacy, Product marketing, Intermedia, SVP, AI, Unite, Workplace, Customer service, Medical device

SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Intermedia Cloud Communications, a leading provider of intelligent cloud communications and collaboration solutions to businesses and the partners that serve them, today announced the launch of Intermedia Unite® AI Assistant, a business productivity tool using generative AI to help employees access information more easily and automate repetitive or time-consuming tasks. By building AI Assistant directly within the chat interface of its Unite mobile and desktop applications, Intermedia is leveraging the power of AI to help organizations of all sizes improve employee collaboration, efficiency, productivity, and customer care.

Key Points:

Unlike other AI services that store user interactions to train their own solutions for use by others, Unite AI Assistant operates on a privacy-first principle.
Further, as information is securely stored for each business using it, organizations that utilize the multi-channel communications storage and retrieval tool - Intermedia Archiving - can quickly access Unite AI Assistant communications by its employee base.
Intermedia developed Unite AI Assistant as part of its Intermedia SPARK AI Technology suite of services.
Administrators on Intermedia customer accounts can enable the Intermedia Unite AI Assistant with just one click.

The Forum "Panel 21: A Proposal to Leonardo da Vinci - Renaissance Man for the 21st Century" was Held in Shanghai

Retrieved on:

Friday, November 17, 2023

School, Renaissance Man, Visual arts education, Century, Multimedia, China Academy of Art, Intermedia, Experiential learning, Integration, Education, Art

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-forum-panel-21-a-proposal-t...

Key Points:

Scholars from all over the world and from a wide range of disciplines gathered at the forum, including Siegfried Zielinski, Anthony Dunne, Jean-Claude Ruano-Borbalan, Franco "Bifo" Berardi and Frank Fehrenbach, to talk on the subjects of "Integrated Learning" and "Renaissance Man" in the twenty-first century.
In the upcoming years, it will also set the stage for further in-depth conversations, thought and practice.
"Panel 21: Art/Education in the 21st Century" is an ongoing, long-term program initiated by the National Institute of Art/Education.
This year's Panel 21: A Proposal to Leonardo da Vinci - Renaissance Man for the 21st Century, standing as one of the "New Liberal Arts" Forums and the main forum of the 7th International Intermedia Art Festival, aims to revive Leonardo da Vinci's all-embracing personality.

Intermedia Cloud Communications Secures The Interlocal Purchasing System (TIPS) Contract, Streamlining Government and Education Contracts for Cloud Communications Solutions

Retrieved on:

Wednesday, November 8, 2023

Cloud, Contact, SMS, UCAA, Government, Organization, Unified communications, Senior, University, Intermedia, Hand, SLA, J.D. Power, TIPS, PCMag, Voice over IP, Unite, Mobile phone

SUNNYVALE, Calif., Nov. 8, 2023 /PRNewswire/ -- Intermedia Cloud Communications, a leading provider of intelligent cloud communications and collaboration solutions to businesses and the partners that serve them, today announced that the company has been awarded a contract from The Interlocal Purchasing System, also known as the TIPS Purchasing Cooperative (TIPS). TIPS is a national purchasing cooperative that offers access to competitively procured purchasing contracts to its membership. TIPS offers a nationwide procurement path for state, city and county governments, K-12 school districts, and colleges and universities (both public and private). TIPS members benefit from a streamlined purchasing process and receive discounted government pricing from suppliers that have been awarded a TIPS contract. The Intermedia solutions included within this agreement are the flagship components of its intelligent communications and collaboration platform: Intermedia Unite® and Intermedia Contact Center.

Key Points:

TIPS is a national purchasing cooperative that offers access to competitively procured purchasing contracts to its membership.
TIPS members benefit from a streamlined purchasing process and receive discounted government pricing from suppliers that have been awarded a TIPS contract.
The Intermedia solutions included within this agreement are the flagship components of its intelligent communications and collaboration platform: Intermedia Unite® and Intermedia Contact Center.
To learn more about Intermedia's Unite and Contact Center solutions or how to purchase Intermedia cloud solutions through the TIPS contract, please email [email protected] .

Intermedia Cloud Communications Awarded New York State Office of General Services Contract (NYS OGS), Enabling Transformative Communications Modernization for Government Agencies, School Districts, and Nonprofit Organizations

Retrieved on:

Wednesday, November 8, 2023

SUNNYVALE, Calif., Nov. 8, 2023 /PRNewswire/ -- Intermedia Cloud Communications, a leading provider of intelligent cloud communications and collaboration solutions to businesses and the partners that serve them, today announced that it has been chosen as one of multiple vendors awarded the prestigious New York State Office of General Services (NYS OGS) Manufacturer Based Information Technology Umbrella Contract. The Intermedia solutions included within this agreement are the flagship components of its intelligent communications and collaboration platform: Intermedia Unite® and Intermedia Contact Center.

Key Points:

The Intermedia solutions included within this agreement are the flagship components of its intelligent communications and collaboration platform: Intermedia Unite® and Intermedia Contact Center.
The centralized procurement agency for the State of New York, NYS OGS is responsible for managing approximately 1,500 contracts for commodities, services, and technology that are sought after by various New York government agencies, school districts, and nonprofit organizations.
No vendor can work with these organizations without securing a working contract with NYS OGS.
To learn more about Intermedia's Unite and Contact Center solutions or how to purchase Intermedia cloud solutions through the New York State OGS contract, please email [email protected] .