Intermedia Cloud Communications, Inc.

General Information
Business:

We provide a leading, proprietary cloud-based communications and collaboration platform, purpose-built for our extensive and expanding network of more than 7,000 channel partners and used by a growing base of over 122,000 business customers as of Dec. 31, 2020. Through our platform, our partners provide their customers our comprehensive portfolio of enterprise-grade, seamlessly integrated Unified Communications-as-a-Service (UCaaS) solutions, including our flagship product Intermedia Unite®, as well as a suite of Business Cloud Applications (BCA) that includes cloud-based email, security and productivity applications. Our UCaaS solutions benefit from strong growth as our partners enable businesses to modernize their legacy communications architectures. To incentivize and empower our partners to grow their businesses on our platform, we offer them a highly differentiated Customer Ownership Reseller model, branded CORE. This model enables them to resell, package and manage our solutions as if they were their own, at highly attractive economic terms while maintaining ownership of their customer relationships. 

Industry: PREPACKAGED SOFTWARE
Employees: 1064
Founded: 1993
Contact Information
Address 100 Mathilda Place, Suite 600 Sunnyvale, CA 94086
Phone Number (650) 641-4000
Web Address http://www.intermedia.com/
View Prospectus: Intermedia Cloud Communications, Inc.
Financial Information
Market Cap $1420.76mil
Revenues $251.6 mil (last 12 months)
Net Income $-21.75 mil (last 12 months)
IPO Profile
Symbol INTM
Exchange NASDAQ
Shares (millions): 12.2
Price range $23.00 - $26.00
Est. $ Volume $294.0 mil
Manager / Joint Managers Morgan Stanley/ J.P.Morgan
CO-Managers Credit Suisse/ Evercore ISI/ Jefferies/ William Blair/ KeyBanc Capital Markets/ TD Securities/ Stephens Inc./ Loop Capital Markets
Expected To Trade: 4/1/2021
Status: Postponed
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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