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Is Broadsoft Buying Tango Networks?

I keep hearing through the grapevine that IPO quiet period company Broadsoft is pursuing the purchase of Tango Networks.

My email to Broadsoft PR from a few weeks ago has never been replied to, which only adds to the speculation.

All comments are welcome...


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Typically people IPO and then go use the (now public) stock to buy another company.

Trying to acquire another company within an IPO filing period (rather than acquiring a company that has filed or an IPO, to be clear) sounds like a big pain in the neck since you'd have to redo and re-file a lot of paperwork very quickly.

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