Announced
Financials
Tags
Private
Pending
IP-based technologies
United States
Acquisition
Cross Border
Single Bidder
Digital Services
Majority
Friendly
Synopsis
Boldyn Networks, a network infrastructure company, agreed to acquire Apogee Telecom, a provider of IP-based technologies to college campuses and schools around the country. Financial terms were not disclosed. "US Higher Education connectivity is very attractive for us as the demand for managed connectivity services continues to grow. It is also an attractive expansion into this vertical for Boldyn that complements well our ambitious growth strategy. Apogee comes with a very experienced management team with a strong industry reputation, and endless opportunities to take this model to other regions while offering our full portfolio to customers in Higher Education and helping them to navigate the complex technology evolution and opportunities that come with it. We look forward to working with the Apogee team to accelerate their impressive growth story," Igor Leprince, Boldyn Networks CEO.
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