M5 Networks Acquires Hosted VoIP Provider Geckotech For $8 Million

Business VoIP phone system provider M5 Networks is announcing the acquisition a competitor, Geckotech. The acquisition price is $8 million.

Chicago-based Geckotech provides a Cisco-powered Hosted VoIP platform to businesses. The company’s services include phone service installation and training, system management and free maintenance, system and feature upgrades, and in-house customer support.

M5 Networks also offers VoIP phone systems to companies, including Amnesty International and Etsy. M5 will take over all of Geckotech’s staff, customers, and datacenters.