Palo Alto, CA – October 14, 2009
Woodside Capital Partners International LLC is pleased to announce that it acted as financial advisor to Packet Island in its recent sale to BroadSoft.
About Packet Island
Packet Island is a pioneer of SaaS-based quality of service (QoS) assessment and monitoring tools for VoIP and video networks and services. Packet Island’s award-winning PacketSmart® product allows customers a higher quality of experience in their VoIP and Video over IP networks. Packet Island’s systems also help service providers reduce support costs and customer churn.
BroadSoft is the worldwide leader in VoIP application software for the telecommunications industry. BroadSoft’s family of carrier-class products, including its award-winning flagship BroadWorks® technology, empowers wireless, wireline and cable carriers to deliver next-generation voice and multimedia applications and advanced features that enable them to increase revenue, enhance competitive differentiation and increase customer satisfaction. BroadSoft provides VoIP applications to nine of the top 10 and 15 of the top 25 largest carriers worldwide.
About Woodside Capital
Woodside Capital Partners International LLC is an investment banking firm, with offices in Silicon Valley and London, specializing in Merger & Acquisitions for emerging growth technology companies. All securities activities are conducted through 3C-WC Partners LLC, a registered broker-dealer and member of SIPC and FINRA. Woodside Capital Partners, LLC and 3C-WC Partners, LLC are affiliated companies.