The merger of cloud contact centre biz Cirrus and intelligent network solution provider TelXL puts the enlarged group on course to double revenues within a year and boost headcount by 60% as it seeks to drive forward a fast-growth channel strategy.
TelXL acquired 51% of Cirrus in 2015 and the two companies have worked together for over a decade during which time Cirrus leveraged the TelXL carrier and solutions service, which has been boosted by Cirrus' omnichannel capabilities, conversational AI, in-call language translation and secure payment solutions.
Jason Roos, CEO of the merged business (which will be known as Cirrus), said product development will be prioritised along with speed to market for new products.
“The merger significantly increases our development capacity and will allow us to bring more products and solutions to market in shorter timescales," he stated.
TelXL founder Nigel Fox added: "The merger is the natural next step for both organisations in what has been a long-term relationship.
"We have traded as a Group for many years and merging will bring us closer together.”