Apieron, which is headquartered in Hermosa Beach, California, is a provider of cloud voice services, Communications Platform as a Service (CPaaS), and Internet of Things (IoT) services. The company generates about $3 million in annualized revenue. It was debt-free ahead of the deal, and exceeded a 30 percent year-over-year growth rate since it was founded.
Apeiron has built a robust “as a service” cloud communications strategy through its API strategy, KonaTel said. Apieron’s API control center supports the activation, control, and monitoring of a wide range of data, voice, video, and messaging services including SMS and multimedia message service (MMS).
“Apeiron developed an extensible, API-driven CPaaS platform, which is the foundation for our global cloud communications network,” said Apeiron CEO Josh Ploude. “Within Apeiron’s secure CPaaS private cloud, we can service both customer applications and general communications requirements. And with complete control over our software, infrastructure and network stacks, we can quickly respond to rapidly changing market conditions.”
Apeiron also provides network integrations based on Network Function Virtualization (NFV) technologies and what Ploude refers to as an “innovative Platform as a Service (PaaS) optimized for real-time communications.”
Apeiron has been working on an IoT service using high-speed Long-Term Evolution data connections, and integration SD-WAN infrastructure throughout its Voice Platform as a Service network. The firm also offers mobile data and IoT solutions through various carriers.
Mergers & Acquisitions: MSPs and Comm Providers
M&A activity across the communications and MSP sectors remains strong. Example deals from the last year include:
- December 2018: Momentum Telecom acquired Phoenix, Arizona-based CloudNet Group, a provider of cloud voice, mobility, SD-WAN, contact center, and other unified communications solutions.
- June 2018: SKC Communication Products bought GBH Communications, a unified communication and collaboration solutions provider.
- April 2018: UCaaS provider Mitel was bought up by private equity firm Searchlight Capital Partners for $2 billion in cash.
- March 2018: Germany’s Cancom re-entered the UK market through its acquisition of unified communication and collaboration provider Ocean Intelligent Communications.