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August 2020

mhemani@graphicstylus.net August 5, 2020

AVCtechnologies Announces Agreement to Buy Ribbon’s Kandy Communications Business

August 5, 2020 Atlanta, GA and Westford, MA – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) and Ribbon Communications Inc. (NASDAQ:RBBN) today announced they have entered into a definitive agreement for AVCtechnologies to acquire Kandy Communications, an industry-leading proprietary, multi-tenant, highly scalable cloud communications platform, from Ribbon, in an all-stock transaction.

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