Sep 05, 2013 (The Atlanta Journal-Constitution - McClatchy-Tribune Information Services via COMTEX) -- Atlanta-based PGi, a company that specializes in online event management, said it is acquiring ACT Teleconferencing for about $44 million in cash. ACT Teleconferencing, based in Lakewood, Colo., provides audio, video and web-conferencing services. It has has projected annual revenue of about $45 million and operations in North America, Europe and Asia Pacific.
PGi, which has its headquarters on Peachtree Street in Buckhead, provides video, voice, mobile, web streaming and file-sharing collaboration services. The company helps businesses set up and manage virtual meetings on desktops, tablets and mobile devices.
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