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Raindance acquires Atlanta-based InterAct Conferencing

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Posted 1:48PM on Thursday 18th April 2002 ( 23 years ago )
LOUISVILLE, COLORADO - Raindance Communications announced Thursday it will acquire Atlanta-based InterAct Conferencing LLC by the end of next month in a $10 million deal. <br> <br> The purchase will help Louisville-based Raindance, a Web and phone conferencing provider, expand its reach and customer base, president and chief executive officer Paul Berberian said. <br> <br> ``This acquisition is a great complement to our business and an important step forward in our strategy to aggressively expand sales efforts and top-line growth this year,&#39;&#39; he said. <br> <br> InterAct was the largest reseller of Raindance&#39;s conferencing services. <br> <br> As part of the deal, InterAct chief executive officer Carolyn Bradfield will become Raindance&#39;s senior vice president of sales and marketing. All other InterAct employees will work for Raindance in Atlanta.

http://accesswdun.com/article/2002/4/195857

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