news


GLOBALINX Closes TMC Buy

GLOBALINX Enterprises LLC on Monday announced closing the acquisition of TMC Communications, a California-based telecommunications provider serving businesses across the country.

In a press release, Rochester, N.Y.-based GLOBALINX, a provider of VoIP services, said the acquisition will allow the company to expand its commercial footprint, as well as offer a broader product and service portfolio.”

The company disclosed it will retain TMC agents and will not change the terms of agent and customer contracts. Last year, agents for TMC told Channel Partners magazine they were optimistic about the pending acquisition.

This joining of forces means great things for customers, agents, resellers and employees of both organizations,” GLOBALINX CEO Craig Jerabeck said.

GLOBALINX, which is a wholly-owned subsidiary of 5LINX Enterprises, did not disclose the terms of the agreement.

The combined organization will operate under the GLOBALINX name and maintain an office in the Santa Barbara, Calif. area.  GLOBALINX said it does not anticipate any other organizational changes in the near future.

The two companies share many of the same core values, including a commitment to selling through an independent sales channel as well as an entrepreneurial spirit,” TMC President Ron Ireland said.

Ireland said last year that TMC had more than 300 direct agents, not counting subagents of its master agents, which grow the number to more than 1,000. TMC was founded in 1997 by channel advocate John Marsch, who died of cancer in 2006.


Leave a comment

Your email address will not be published. Required fields are marked *

Polls

What was your favorite part of the just-concluded Channel Partners Conference & Expo?

View Results

Loading ... Loading ...
The ID is: 82850