Acceris Management and Acquisition LLC d/b/a Acceris Communications, a nationwide provider of telecommunication services, announced today that it has recently entered into an agreement with Cognigen Networks, Inc. to purchase certain telecommunications customer accounts and assets including the brand names Cognidial, Congnicall and Cogniworld. The transaction is subject to regulatory approval with an anticipated closing before the end of the year.
Jessica Newman, Chief Executive Officer of Acceris Communications, commented, “This acquisition enhances our customer base and furthers our strategy to grow the number of customers in our target markets while enhancing our revenue stream. There is very little overlap between our current customer base and Cognigen’s proprietary customers. Further, Cognigen’s back-office functions will integrate seamlessly with Acceris’ existing infrastructure. Current operations and customer service functions related to the purchased Cognigen customer accounts will be moved to our San Diego operations center.”