Nitel Makes Its First Deal, Acquires Hypercore

June 28th, 2022 by · Leave a Comment

Nitel has made an inorganic move, it’s first since Cinven pumped resources into the company. The network-as-a-service provider has announced its intent to acquire Hypercore Networks.

Based in Garland TX, Hypercore Networks is also built around a NaaS portfolio. Like Nitel it focuses on wholesale and the channel, and its assets will boost Nitel’s footprint and assets in the USA.

The private equity folks at Nitel made a significant investment in Nitel back in November 2021. The idea was to create a platform with an asset-light approach to expansion targeting the growing markets of SD-WAN, security, and interconnection.

The deal for Hypercore will help accelerate those plans, but is unlikely to be the last word on the subject. Further inorganic moves seem likely as Nitel assembles the necessary pieces to take on the global opportunity.  

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Interconnection · Mergers and Acquisitions · SDN · Security

Discuss this Post

Leave a Comment

You may Log In to post a comment, or fill in the form to post anonymously.

  • Ramblings’ Jobs

    Post a Job - Just $99/30days
  • Event Calendar