Knowlarity on expansion spree, acquire Unicom

Knowlarity Communications acquires Unicom Techlabs Pvt. Ltd, a cloud telephony start-up based in New Delhi. Knowlarity, which is on an expansion spree, is India's first ever company to acquire an associate telephony start-up in this domain.

Unicom Techlabs, starting out in May 2012, introduced their Cloud Telephony service, Cloud Line, soon after inception. The company was on course to breaching the 1 Crore bench mark in sales for 2014 before it chose to go with the exit option. With this acquisition, Knowlarity acquires Unicom's 200 plus customers in SMB, E-commerce, Real Estate, Healthcare, Education and media segment. Besides Unicom's IT domain and customers, Knowlarity will get full ownership of intellectual propriety belonging to the company.