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Brightpoint Completes Acquisition of Dangaard

Brightpoint Inc. said it completed its acquisition of Denmark-based Dangaard Telecom this week. Brightpoint issued 30 million shares with a value of with a value of $384.9 million of its stock and $100,000 for exchange of all shares of Dangaard. It also assumed $350 million of Dangaards debt. Brightpoint said the combined entity would have […]

PAETEC-US LEC Merger Completed

PAETEC Corp. and US LEC Corp. have completed their $450 million merger and the combined company began trading Thursday on the NASDAQ Syock Market under the symbol PAET. The combined company will conduct business as PAETEC Holding Corp. The merger, which was announced Aug. 14, was approved by both companies’ stockholders on Wednesday. The new […]

INFONXX Announces Acquisitions

INFONXX, an independent provider of directory assistance and enhanced information services, has announced it has completed the acquisitions of Excell Services, the U.S.-based independent provider of directory assistance, operator services and inbound customer service, and Conduit Limited, a European information services company. Through these acquisitions, INFONXX will process more than one billion directory assistance inquiries […]

Amdocs Completes Cramer Acquisition

Less than a month after its intentions were announced, billing and customer care vendor Amdocs Ltd. has completed its $375 million acquisition of Cramer Systems Group Ltd. Amdocs has acquired all of the inventory and service fulfillment provider’s shares of capital stock. The combined Amdocs-Cramer solution integrates OSS systems with billing, CRM and other front-office […]

Level 3 Completes ICG Acquisition

Level 3 Communications Inc. on Wednesday completed its acquisition of ICG Communications Inc., a privately held Colorado-based telecommunications company. Level 3 paid approximately 26 million unregistered shares of its common stock and approximately $45 million in cash. The provider paid $9 million more in cash than it initially expected because ICGs working capital had improved […]

Level 3 Completes Progress Telecom Acquisition

Level 3 Communications Inc. said today it has completed the approximately $137 million acquisition of Progress Telecom LLC, a wholesale network services company based in St. Petersburg, Fla. Level 3 paid total consideration of 19,695,793 unregistered shares of its common stock and $68.5 million in cash. The purchase price remains subject to adjustment for the […]

Interland Completes Web.Com Acquisition

Web site and Internet hosting provider Interland Inc. said today it has completed the acquisition of assets from Web Internet LLC and Web Service Company Inc., including the domain name Web.com and its trademark rights, for $4.8 million. The deal includes a Web hosting business made up of approximately 9,000 subscribers. Interland will change its […]

MCI Completes Totality Acquisition

MCI Inc. has completed its acquisition of Totality Corp., a privately held provider of remote managed services for applications and infrastructure. MCI says the buyout is a step toward the expansion of its managed services capabilities. It also means MCI can enable remote monitoring and management of applications, whether they are hosted at MCI’s colocation […]

CenturyTel Completes Purchase of KMC Fiber Networks

CenturyTel Inc. has completed the acquisition of fiber networks from KMC Telecom Holdings Inc. (KMC) in 16 markets. The deal is valued at $65 million. The purchase means CenturyTel has added the following markets to its operations: Alabama, Indiana, Louisiana, Michigan, Minnesota, Mississippi, Ohio, Tennessee, Texas and Wisconsin. “This acquisition helps expand CenturyTel’s competitive local […]

Covad Acquires GoBeam

Covad (Booth 110) recently completed its acquisition of GoBeam Inc., a privately owned provider of VoIP solutions to small and medium businesses. Covad has an aggressive expansion plan for VoIP service availability to more than 100 of the top Metropolitan Statistical Areas in 35 states, which will allow resellers and agents the opportunity to sell […]

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