West Buys ConferenceCall.com for $38.5 Million

Share this article:
Teleservices provider West Corp. announced the expansion yesterday of its presence in the teleconferencing industry with its $38.5 million purchase of ConferenceCall.com.


West, Omaha, NE, entered teleconferencing in March with the acquisition of conferencing provider InterCall for $399.6 million. After the ConferenceCall purchase is completed Nov. 1, West will integrate ConferenceCall with InterCall. However, the two will maintain separate brand and market presences.


ConferenceCall.com, Dallas, provides teleconferencing through the Internet. In a statement, West said the purchase would bring it new conferencing-related URLs, Internet marketing capabilities and new marketing tools.


According to West, ConferenceCall is expected to generate annual revenue of $18 million and operating income of $8 million with an operating margin of about 44 percent. West said it does not expect ConferenceCall to contribute to its overall net income this year due to the approaching holiday season but plans to see benefits in 2004.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

App of the Week: CardsApp

App of the Week: CardsApp

The app lets users select loyalty cards on their phone or smartwatch to display QR codes at check out time.

Rakuten Marketing Moves to a Unified Platform

Rakuten Marketing Moves to a Unified Platform

Omni experience consolidates all channel offerings into a single platform and dashboard to provide better management of the customer funnel.

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.