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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Interactive Intelligence Group Inc. on Tuesday announced that it has purchased CallTime Solutions in Sydney, Australia.
The price of the acquisition was not disclosed. Terms call for Interactive Intelligence to pay cash to purchase all of CallTime’s privately held stock.
CallTime has been a reseller of Interactive Intelligence’s software since 1998. It has about 30 employees and operates from offices in Sydney, Melbourne and Auckland. The company serves about 50 customers in the financial services, health care, insurance, not-for-profit, retail and telecom industries.
CallTime has been Interactive Intelligence’s largest revenue-producing reseller in Australia and New Zealand for the past three years, Interactive CEO Donald E. Brown said in a prepared statement.
“It’s in line with our strategy of accelerating growth in targeted regions outside of North America, and also nicely augments the recent opening of our Sydney data center,” he said.
Interactive intelligence Group Inc. is the holding company for subsidiaries including Interactive Intelligence, a business communications software firm.
Interactive Intelligence’s stock price climbed 52 cents Tuesday morning, to $35.61per share.
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