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New Deal


Announced

Connectbase to acquire LastMileXchange.

Synopsis

Connectbase, an industry platform for connectivity, cloud, and communications that drives growth through location intelligence, agreed to acquire LastMileXchange, a service provider for communication service providers. Financial terms were not disclosed. "The Connectbase vision has always been global. Bringing the LMX reach, offerings, customer base and team into the Connectbase fold follows through on our longer-term strategic vision and brings incredible additional value to the existing customer base of both companies. With this acquisition, we are deepening our presence across EMEA and APAC, and furthering our journey as a truly connected global platform. For the past 18 years, LMX has built impressive digital off-net quoting solutions serving global telecom carrier customers. Now, as part of the Connectbase ecosystem, LMX customers will be able to further transform and automate their network buying and selling functions easily," Ben Edmond, Connectbase CEO and Founder.

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