UK telco Daisy swallows up troubled Alternative Networks

UK unified communications provider Daisy has seemingly capitalized on financial woes of competitor Alternative Networks, snapping up the business for a cool £165 million.
Both companies owe expansion in recent years in part to an aggressive acquisition campaign, which has seen the competitors going head-to-head in the bidding process, tucking smaller companies under their respective brands. Daisy has come out on top buying its rival as Alternative Networks has been hit hard following chang