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IPtimize acquires assets and operating network of National Telecom & Broadband Services

Jun 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: IPtimize Inc (IPZI)

IPtimize, Inc., a provider of broadband voice and data services, has acquired the assets and operating network of National Telecom & Broadband Services, LLC including Teliphonex and voice over internet protocol (VoIP) hosted PBX solution.

National Telecom & Broadband Services is a provider of voice over internet protocol (VoIP) hosted PBX solution. Both the companies are based in the US. 

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2009-06-26

Deal Participants 

Target (Company)   National Telecom & Broadband Services, LLC - Assets and Operating Network
Acquirer (Company) IPtimize, Inc.
Vendor (Company)   National Telecom & Broadband Services, LLC

Deal Rationale

The acquisition allows IPtimize to strengthen its customers base and expand its geographic footprint.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX

Company: IPtimize Inc (IPZI)


Related terms: acquisition, bandwidth, internet

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