Announced
Completed
Financials
Tags
Friendly
Online and Social Platforms
telecommunications
infrastructure technology
Cloud data services
United States
Acquisition
Completed
Majority
Cross Border
Single Bidder
Private
Synopsis
Cogeco Connexion, a cable operator, completed the acquisition of Oxio, a telecommunications operation of Internet service provider. Financial terms were not disclosed. "As we are making the strategic shift to focus exclusively on the growth of our software business, Cogeco presented itself as the best home for our Internet customers. As a Quebec-based company with a human scale and an entrepreneurial culture, we believe that Cogeco is best-positioned to enable oxio to reach new heights," Marc-André Campagna, Oxio Chief Executive Officer and Co-Founder.
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