“The board of Aleator Energy has been impressed with Vonex’s strong track record in developing and commercialising focused products in the hosted PBX and VoIP space,” Mark Rowbottam, Executive Director of Aleator Energy Limited said.
“They have grown the business aggressively from start-up to cash flow positive and we believe there is potential for substantial growth through the hosted PBX product and the exciting Oper8tor development.
“We are pleased to have completed the substantive aspects of the due diligence process and look forward to issuing the Notice of Meeting and moving on to completion of the transaction.”
AWD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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