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eOn Acquires Majority Interest in Cortelco Shanghai

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ATLANTA, June 3 -- eOn Communications Corp., a provider of voice, E-mail and Web-based communications systems and software, including call center platforms, announced it has acquired a controlling interest in Cortelco Shanghai Telecom Equipment Co., a provider of fiber optic transmission equipment, data communications systems and network management software in China. Under the terms of the agreement effective June 1, eOn acquired all of the stock of Cortelco China Corp., a California corporation that owns a 54.14 percent ownership interest in Cortelco Shanghai, from Cortelco Systems Holding...Read full article

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