buys

 

PAETEC Buys Allworx on Heels of McLeodUSA Deal

About a month after announcing the acquisition of McLeodUSA Inc., PAETEC Holding Corp. said it also will buy equipment maker Allworx Corp. PAETEC will pay $25 million in cash. Allworx will become a PAETEC subsidiary. SMBs make up a large part of McLeodUSAs customer base. PAETEC is more accustomed to selling to enterprises. By adding […]

AT&T Buys 700MHz Spectrum, Nails in the Coffin for Mobile TV

AT&T Inc. has agreed to buy 12MHz of wireless spectrum in the 700MHz band from Aloha Partners LP for $2.5 billion, which may signal Alohas exit from the wireless space. Aloha is the largest holder of 700MHz spectrum to date, covering 196 million U.S. residents in 72 of the top 100 markets in the U.S. […]

Perimeter eSecurity Buys USA.NET

Perimeter eSecurity, a provider of on-demand security software, has acquired USA.NET, which develops secure electronic-messaging services. The deal was announced two weeks after Goldman Sachs pumped $50 million into Perimeter eSecurity, and terms were not disclosed. Private equity firms Bessemer Venture Partners and the Stripes Group LLC also helped fund the USA.NET purchase. USA.NET will […]

Private Equity Firm Buys Stake in Integra

Private equity firm Warburg Pincus will invest at least $245 million to obtain a substantial equity interest in Integra Telecom Inc. The proceeds from the transaction will be paid to existing Integra investors in exchange for outstanding shares, Integra said. Integra Telecom will continue to operate as a privately held company and will not raise […]

NEC Buys Sphere for $42 Million

NEC Corp. has bought unified communications provider Sphere Communications Inc. for $42 million. NEC has its own unified communications division but wanted Sphere for its promising growth and its technology for building new service-oriented software the next evolution in unified communications. Sphere will keep its headquarters in Lincolnshire, Ill. It will be part of NECs […]

Platinum Equity Gobbles Up Another Telecom Provider

Platinum Equity said Wednesday it has acquired Startec Global Communications for an undisclosed amount. Startec is a facilities-based provider headquartered in Maryland. It sells long-distance services to ethnic markets in the United States and Canada; in fact, the company just launched new Web sites in Russian and Spanish. Startec distributes through channel partners. Startec was […]

TEM Mergers Continue: Invoice Insight Buys Oreon

TEM provider Invoice Insight is rounding out its services with the acquisition of Oreon Inc., another TEM company, but one that focuses on wireless asset lifecycle management. Terms of the deal were not disclosed. The merger is part of a trend as TEM companies traditionally focused on wireline management are coming together with wireless lifecycle […]

Broadview Buys Into Big Leagues

InfoHighways president and CEO Raul Martynek will be a part of the new Broadview, but at press time, he didnt know what that position would be. The combination of Broadview Networks Holdings Inc. and InfoHighway Communications Corp. forms a $500 million CLEC, putting the company just behind northeast U.S. rivals such as One Communications, which […]

Broadview Buys InfoHighway for Undisclosed Amount

Broadview Networks Holdings Inc. is buying New York-based InfoHighway Communications Corp. Terms of the deal were not disclosed, as both companies are privately held. Broadview did say the transaction should close in the second quarter. Buying InfoHighway gives Broadview a footprint in New York, extending overall coverage from to 20 markets from Maine to Virginia, […]

TelcomBrokers Buys Master Agency from Salestream Founders

Telcombrokers recently purchased the assets of Tru Choice Communications, a master agency based in Corona, Calif., which was owned by the founders of Salestream Software, makers of MasterStream channel management software. Telcombrokers, a master agency based in Santa Ana, Calif., purchased all of Tru Choices customer and agent contracts on Dec. 21. This acquisition is […]

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