Maxis Bhd buys Audeonet in acqui-hire deal

This acqui-hire will make Maxis Business the exclusive distributor of Deltapath in Malaysia.

PETALING JAYA: Maxis Bhd has done its second acqui-hire deal this year after buying Malaysian-based unified communications (UC) and voice cloud solutions company, Audeonet (M) Sdn Bhd for its talent pool of specialist professionals.

Acqui-hire, also known as a talent acquisition, means buying a company in order to retain the business’s employees. The transaction value of the deal was not disclosed.