Investment firm StoneCalibre has completed the acquisition of the Secure Document Exchange business unit, which includes Sagemcom Canada Inc., a subsidiary of Sagemcom Documents SAS in France, the company said.
The company also announced that Sagemcom Canada Inc. has changed its name to XMedius Solutions Inc.
With its global headquarters in Montreal, Canada, XMedius enables companies to securely exchange vital and confidential information using different types of enterprise grade solutions, either on-premises or in the cloud.
Founded in 1996, XMedius supports secure and standardized T.38 Fax-over-IP (FoIP) and G.711 fax pass-through protocols. The company´s European operations are based in Paris, France.
Founded in 2012 and headquartered in Los Angeles, CA, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies.
XMedius provides enterprise-grade solutions for secure document exchange. It allows companies to exchange vital and confidential information, either through on-premises or cloud deployments. Founded in 1996 the company is headquartered in Montreal, Canada, and operates in North America, Latin America, Europe and Asia Pacific.