This doesn't sound like a liquidation to me...from the ceo himself...
""We are excited to join forces with PGi, a company that shares our culture and commitment to delighting users," said Peter Salas, ACT Conferencing chairman and CEO. "Our customers will have the opportunity to improve their businesses with PGi's award-winning web conferencing solutions, GlobalMeet® and iMeet®, and its industry-leading global IP audio network, while continuing to enjoy the outstanding service quality and customer care they are accustomed to."
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