Broadview Networks said that it has completed the purchase of select assets of Natural Convergence Inc. Specific terms of the transaction were not disclosed.
As a result of the purchase, the company now owns the intellectual property of NCI's premier application, Silhouette, as well as other related software and materials.
Steve Pequegnat, who will report to Ken Shulman, Broadview Networks' chief technology officer, will lead development and support staff operations in Ottawa.
Broadview Networks is a control investment of MCG Capital Corp. (MCGC).
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.