Category: Turnaround Management News

Enghouse Systems Enters into Asset Purchase Agreement with Lifesize

Lifesize, a provider of video conferencing and omnichannel contact center solutions, entered into an asset purchase agreement (APA) with Enghouse Systems, a vertical enterprise software solutions company. To effectuate the sale, the company filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas, Laredo Division.