Interwise to be Acquired by AT&T for $121 Million - Cambridge, MA

Interwise, a privately held, Cambridge-based provider of voice, web and video conferencing services to businesses, has agreed to be acquired by AT&T for $121 million in cash. Interwise offers on-premise and fully hosted conferencing. The company employs about 150 people and operates in the U.S., Europe and Asia with offices in six countries. Interwise was founded in 1994.

http://www.att.com/gen/press-room?pid=4800&cdvn=news&newsarticleid=24454