A couple of M&A moves, and some regional infrastructure contracts of note. One each from the US and the UK.
Comcast Business picked up a bit of retail business this week. AFR Furniture Rental will be using their Ethernet Dedicated Internet as well as DDoS and other security solutions to support their growth. AFR Furniture Rental is headquartered in Pennsauken NJ, across the river from Philadelphia, and has 28 distribution centers around the country.
The managed services provider Aureon has made an inorganic move out in the Midwest. They have acquired a bundle of cloud and managed IT customers from Northwest Communications. Northwest is a shareholder of Aureon and a partner as well, and this deal covers commercial clients in northwest Iowa. Aureon serves clients nationwide with its main depth in Des Moines, Kansas City, and Omaha.
CityFibre has won five new contracts under the UK’s Project Gigabit umbrella. With the help of these government subsidies CityFibre will build out fiber to 202k rural properties in Buckinghamshire, Hertfordshire, Berkshire, Leicestershire, Warwickshire, Sussex, Kent, Bedfordshire, Northamptonshire and Milton Keynes. CityFibre will also use the opportunity to invest in connectivity to some 450K other premises in the region, making 651K total.
And also over in the UK, Gamma has announced the acquisition of Coolwave Communications. Coolwave’s international SMS and voice service capabilities will enable Gamma to extend its reach internationally to some 100+ countries. Current the company focuses on the UK, targeting UCaaS, CPaaS, and CCaaS providers. Q Advisors helped facilitate the transaction as an advisor to Coolwave.
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