Announced
Completed
Financials
Tags
Majority
internet service provider
Private
United States
Domestic
Internet
Acquisition
Friendly
Single Bidder
Completed
Synopsis
Grande Communications, a division of Astound Broadband, the sixth largest cable operator in the United States, completed the acquisition of Harris Broadband, a provider of fiber-to-the-home services, offering internet, TV and voice services in areas of Central Texas. Financial terms were not disclosed. "We’re excited to become a part of the Grande Communications family. This transaction provides us with access to nationally recognized technical expertise, highly regarded operational management systems and processes, and unparalleled financial acumen to further the expansion of Harris Broadband. Moreover, this transaction is great for not only customers we currently serve, but surrounding communities in and around Brownwood and Early," Philip Harris, Harris Broadband President.
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