Destiny, a provider of cloud and business communication solutions for smaller companies, has acquired Swedish analytics and reporting company Meridix. Financial terms of the deal were not disclosed.
Destiny has been a partner of Meridix for more than 10 years, and both companies have a large number of customers in common.
"We are always looking for talented companies that fit with our strategy and company culture and which we can help grow faster at the same time. This acquisition is a next step in working even closer with Meridix to bring innovation faster to service providers and the companies that rely on our cloud communication technology," said Daan De Wever, CEO of the Destiny Group, in a statement. "The Meridix platform was born in the cloud; it gives our service provider customers powerful data-based business insights for various communication solutions, and it is intuitive to work with. It therefore perfectly fits within the business ambitions of the Destiny Group, reinforcing our position as an innovative, user-friendly and market leading UCaaS provider for SMEs and service providers in Europe."
"We are proud and excited to team up with the leading UCaaS provider in Europe as a native part of Destiny's product catalog going forward," said Johan Wendelstam, CEO of Meridix, in a statement. "We will be in a much better position to continue to support and grow together with our partners and customers, at the same time as we increase technical investments and the product innovation pace."
Destiny and Meridix will continue support for third-party solutions like Microsoft Teams, cloud PBX solutions, and contact center modules.
"Within the Destiny Group, it is our mission to make things easier, go faster and to take away boundaries for our service providers and end customers. Our next step with Meridix is to use machine learning and AI to start mining data and provide actionable information for companies and end-users," said Patrik Sorqvist, chief operating officer of the Destiny Group, in a statement.