Aspect Set to Acquire Voxeo

Aspect Software announced that it is acquiring Voxeo for $150 million.

The purchase will boost Aspect's cloud, hybrid, and premises-based deployments while adding interactive voice response and multichannel self-service capabilities to the company's solution portfolio, according to the companies executives. The move could also propel Aspect to a better position to go up against the likes of much larger competitors like Genesys, Cisco Systems, and Avaya.

"From an acquisition point, this is a very strategic move for us," says Chris Koziol, president and general manger of interaction management at Aspect.

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