LOS ANGELES, May 2, 2016 /PRNewswire/ -- iotum, a leader in group calling solutions, announced further expansion today with the acquisition of all assets, brands and operating services of TalkShoe.com, a Pittsburgh-based internet broadcasting and podcasting platform provider.
"iotum provides the perfect environment and key resources to accelerate TalkShoe's growth," said Marty Newingham, CEO and Chairman of TalkShoe. "The extensive TalkShoe user community will be well served by iotum's excellent customer service team. They will enjoy expansion of coverage, services and access to great technology. It will move TalkShoe forward."
The acquisition of TalkShoe.com marks the fifth acquisition in the past three years for iotum, which owns several collaboration and teleconferencing products, including the original free group calling service, FreeConference.com. This is iotum's first foray into podcasting and broadcasting media.
"Podcasting is a natural extension for our technology," said iotum President and CEO Jason Martin. "We help people communicate and create communities online. We'll add loads of new features to TalkShoe to make creating and promoting content easier. If you're a podcaster, you're going to love it."
For ten years, TalkShoe.com has been a popular tool to make and distribute online audio shows. TalkShoe podcasts are free to create and are available on iTunes, downloaded at Talkshoe.com or by dialing-in. Visit TalkShoe.com for more info.
Terms of the deal were not disclosed.
An award-winning leader in teleconferencing and group communications solutions, iotum provides collaboration SaaS products for organizations of any size. Each service is an easy, reliable and feature-rich conferencing alternative to over-priced or under-featured competitors. iotum's flagship product, FreeConference.com, serves over a billion minutes a year of all–digital conference calls.
With offices in Los Angeles and Toronto, iotum is a fast growing private company and is #199 on Inc. Magazine's Inc5000 list and No. 27 on the PROFIT 500. Deloitte added iotum to the Fast 500 in 2015. For more information about iotum please visit www.iotum.com.