Avaya Holdings Corp. (NYSE:AVYA) entered into a definitive agreement to acquire Intellisist, Inc. on January 29, 2018. Avaya Holdings Corp will finance the transaction from cash on hand. Post-acquisition, Rowe will lead the combined Spoken and Avaya cloud teams to foster innovative growth and cloud differentiation in the marketplace. Transaction is subject to customary closing conditions and is expected to close in the second quarter of fiscal 2018. As of March 2, 2018, the transaction is expected to close within next two months. Faegre Baker Daniels LLP acted as legal advisor of Avaya Holdings.