<s>
Digium	B-Protocol
,	I-Protocol
Inc	I-Protocol
.	I-Protocol
is	O
a	O
communications	O
technology	O
company	O
based	O
in	O
Huntsville	O
,	O
Alabama	O
,	O
and	O
since	O
2018	O
,	O
a	O
subsidiary	O
of	O
Sangoma	O
Technologies	O
Corporation	O
.	O
</s>
<s>
Digium	B-Protocol
,	I-Protocol
Inc	I-Protocol
.	I-Protocol
sells	O
all	O
of	O
its	O
products	O
and	O
services	O
directly	O
to	O
businesses	O
and	O
consumers	O
.	O
</s>
<s>
It	O
also	O
offers	O
its	O
business-to-business	O
communications	O
products	O
,	O
including	O
Digium	B-Protocol
Cloud	O
Services	O
.	O
</s>
<s>
In	O
1999	O
,	O
while	O
a	O
Computer	O
Engineering	O
student	O
at	O
Auburn	O
University	O
,	O
Mark	O
Spencer	O
founded	O
Linux	B-Language
Support	I-Language
Services	I-Language
(	O
LSS	O
)	O
.	O
</s>
<s>
Spencer	O
named	O
it	O
Asterisk	B-Language
,	O
after	O
the	O
programming	O
wildcard	O
symbol	O
and	O
the	O
”	O
star	O
”	O
phone	O
key	O
.	O
</s>
<s>
Asterisk-based	O
business	O
phone	O
systems	O
,	O
like	O
Digium	B-Protocol
's	O
Switchvox	O
,	O
were	O
the	O
first	O
of	O
a	O
new	O
generation	O
of	O
VoIP-based	O
communications	O
solutions	O
that	O
would	O
emerge	O
to	O
compete	O
companies	O
like	O
Cisco	O
and	O
Avaya	O
.	O
</s>
<s>
Reflecting	O
the	O
company	O
's	O
shift	O
away	O
from	O
Linux	O
support	O
to	O
developing	O
Asterisk	B-Language
and	O
new	O
communications	O
solutions	O
,	O
Linux	B-Language
Support	I-Language
Services	I-Language
was	O
renamed	O
to	O
Digium	B-Protocol
in	O
2001	O
.	O
</s>
<s>
Digium	B-Protocol
provides	O
a	O
business	O
phone	O
system	O
powered	O
by	O
Asterisk	B-Language
,	O
either	O
as	O
an	O
on-premises	O
solution	O
or	O
a	O
cloud-based	O
PBX	O
solution	O
.	O
</s>
<s>
It	O
is	O
estimated	O
that	O
Asterisk	B-Language
is	O
currently	O
being	O
used	O
by	O
developers	O
in	O
170	O
countries	O
,	O
and	O
is	O
running	O
on	O
approximately	O
1	O
million	O
servers	O
.	O
</s>
<s>
Sangoma	O
Technologies	O
Corporation	O
on	O
August	O
23	O
,	O
2018	O
,	O
announced	O
that	O
they	O
entered	O
into	O
a	O
definitive	O
agreement	O
,	O
closing	O
August	O
31	O
,	O
2018	O
,	O
expecting	O
to	O
pay	O
US$28	O
million	O
on	O
a	O
debt-free	O
and	O
cash-free	O
basis	O
,	O
subject	O
to	O
customary	O
working	O
capital	O
adjustments	O
to	O
acquire	O
Digium	B-Protocol
.	O
</s>
<s>
Digium	B-Protocol
generated	O
approximately	O
$30	O
million	O
in	O
revenue	O
in	O
its	O
fiscal	O
year	O
ended	O
December	O
31	O
,	O
2017	O
,	O
with	O
consolidated	O
assets	O
(	O
net	O
of	O
cash	O
)	O
of	O
approximately	O
$11	O
million	O
,	O
no	O
debt	O
and	O
a	O
net	O
loss	O
of	O
approximately	O
$4	O
million	O
.	O
</s>
