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Lifesize cancels auction, names Enghouse winning bidder for assets
By Sarah Lizee
Olympia, Wash., June 27 – Lifesize Inc. canceled an auction for its assets after receiving no other qualified bids by the deadline, according to a notice filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
The company named stalking horse bidder Enghouse Systems Ltd. the winning bidder for the assets, which include Lifesize, Kaptivo, ProScheduler, Serenova and Telstrat.
The purchase price under the stalking horse agreement is $21 million, as previously reported.
The sale hearing is set for July 7.
Lifesize is an Austin, Tex.-based provider of video conferencing and omnichannel contact center solutions. The company filed bankruptcy on May 16 under Chapter 11 case number 23-50038.
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