Takeover impact bypasses local IPC

The acquisition of VoIP provider IPC Information Systems by US-based private equity firm Silver Lake Partners will have no impact on the vendor's 450 customers and 120 employees in the Asia-Pacific region.

While the $US800 million merger is expected to impact its international offices, IPC Asia Pacific has confirmed there will be no staffing cuts locally or product support changes for customers.

A spokesperson for IPC said operation, structure and service in the Asia Pacific will remain unchanged.

"The acquisition heralds no major changes for IPC in the Asia Pacific [as] both companies are continuing business as usual, with no changes made to the leadership, staff, or the level of client service and support in the region," she said. "However, the change is significant in that it strengthens IPC's ability to continue to innovate on the trading floor with a stronger backing globally and in this region."

The acquisition, announced yesterday, is expected to close in September this year.

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