June 20 (Reuters) - Sangoma Technologies Corp STC.V
* Sangoma announces acquisition of Voip Supply LLC
* Sangoma Technologies - Voip supply will operate as a separate subsidiary of Sangoma with appropriate autonomy that distribution businesses require
* Sangoma Technologies Corp - following deal closing, voip supply's current president, Paula Griffo, will continue to lead company on a permanent basis
* Sangoma Technologies Corp - expects that in fiscal 2018, acquisition of Voip supply will be accretive, will add over c$15m in revenue to Sangoma
* Sangoma Technologies Corp - Sangoma will pay initial consideration of $3.0 million in cash
* Sangoma Technologies Corp - consolidated revenue in fiscal year 2018 expected to exceed $45 million
* Sangoma Technologies - to issue 993,627 common shares for deemed value of us$0.6 million, enter into agreement for contingent consideration of up to $0.4 million
* Sangoma Technologies Corp - Sangoma has extended company's borrowing capability with its current canadian bank from c$2.5 million to c$4.5 million
* Sangoma Technologies Corp - purchase of Voip supply will have no material impact on sangoma's financial results for fiscal year 2017 Source text for Eikon: ID:nCCN10trqa Further company coverage: STC.V