Merger and Acquisition News

When one client drives 20%+ of revenue, buyers see a single point of failure.

Pure IP, a leading provider of global voice communication solutions, has acquired Vive Communications, a Massachusetts-based UCaaS integrator, in a transaction facilitated by IT ExchangeNet. The acquisition enhances Pure IP's North American client reach and expands its integrated UCaaS capabilities.

The Federal Reserve announced yesterday a 25-basis-point cut in interest rates, lowering the federal funds rate to a range of 4% to 4.25%, marking its first rate reduction this year amid signs of a softening labor market and persistent inflation concerns. For owners of IT and digital marketing firms, this move could be pivotal.

IT ExchangeNet has increasingly emphasized selling anonymously. Remaining confidential during an exit lets founders quietly test buyer demand, control disclosure, and advance conversations without tipping off employees, customers, or competitors.