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Stephane Boisvert will Join KaloomTM as President

By CIOReview | Tuesday, March 23, 2021

Stephane Boisvert joins Kaloom as President.

FREMONT, CA: Laurent Marchand, founding President and CEO of Kaloom, announces an agreement in principle, subject to several conditions, has been reached on a change of control transaction headed by the management of the Company, in collaboration with Alternative Capital Group. The change of control transaction is planned to close on April 22nd, 2021, if all conditions are met.

Upon closing, Stephane Boisvert will join KaloomTM as President. He will take up his responsibilities on April 22nd, 2021. KaloomTM's solutions are attracting strong interest from leading telecom and data processing players across the globe. Stephane's leadership and international experience in forging long-term technological partnerships and signing contracts with significant players will allow KaloomTM to rapidly become a go-to provider in the sector. With 30 years of experience with world-class tech firms, Stephane is qualified to lead KaloomTM's teams in meeting the requirements of major firms the world over.

Stephane Boisvert has held executive positions with several Montreal, Toronto, and Silicon Valley firms, comprising Pivotal, Bell, and Sun Microsystems. He is an expert in innovative cloud computing technologies and complex 5G network management with experience developing technology partnerships. He is recognized for his leadership and skill in reaching multi-year growth-generating business agreements.

As founder and CEO of the firm, Laurent will focus on corporate mission, vision, and strategy and maintain the business's financial success. As President, Stephane will be responsible for all day-to-day commercial processes of the firm. A transition plan has been defined to fully onboard and prepare Stephane to take over President and CEO of KaloomTM in late 2021 or early 2022, after which Laurent is planning to focus his impacts on the firm's corporate and technological vision as Chief Strategy Officer.

With the growth of real-time data processing requirements propelled by 5G, AI, and IoT, KaloomTM's edge computing solutions are revolutionizing means to bring data processing closer to the user. The edge computing solutions attract keen interest because they offer unprecedented efficiencies in response time, bandwidth usage, and power consumption. These strategic solutions for telecom and data processing players will make KaloomTM an industry standard-setter shortly.