Mr. Market got a wake-up call last week after Premiere Global Services (PGI) announced that it was acquiring Powwownow for $52.6 million. Combined with the company also issuing strong guidance for FY14, it's no wonder shares spiked higher, but we think the run higher is just getting started.
Premier is a premiere company in virtual meetings
Premier Global Services, also known as PGi, has been in the virtual meetings business for over 20 years. The company's cloud-based solutions are built upon PGi's video, voice, mobile, web streaming and file sharing platforms. PGi's solutions can be viewed on desktops, tablets and mobile devices. PGi has a global presence in more than 25 countries on five...
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