Cbeyond, which provides IP-based services to small businesses across the U.S., announced the acquisitions of two companies that provide cloud services: privately held MaximumASP and privately held Aretta Communications. 
 
MaximumASP provides cloud services such as managed virtual servers and dedicated servers, and Aretta Communications provides cloud services such as cloud PBXs (private branch exchange) and SIP (Session Internet Protocol) trunking. Both companies target small- and medium-sized businesses throughout the U.S.
 
The combined transaction value is approximately $40 million, payable in cash, of which approximately $33 million was paid at closing and the balance, up to 17.5 percent of the combined purchase price, will be paid upon achieving certain future milestones. The aggregate fiscal 2010 revenue of the two acquired companies is expected to be approximately $12 million.
 
"The acquisition of MaximumASP and Aretta Communications is an important step forward for Cbeyond's business," said Jim Geiger, chief executive officer of Cbeyond. "We believe these acquisitions will provide significant growth opportunities, leverage our existing channels of distribution, and expand our innovative technology and expertise."http://www.cbeyond.com

MaximumASP provides cloud services such as managed virtual servers and dedicated servers, and Aretta Communications provides cloud services such as cloud PBXs (private branch exchange) and SIP (Session Internet Protocol) trunking. Both companies target small- and medium-sized businesses throughout the U.S.
The combined transaction value is approximately $40 million, payable in cash, of which approximately $33 million was paid at closing and the balance, up to 17.5 percent of the combined purchase price, will be paid upon achieving certain future milestones. The aggregate fiscal 2010 revenue of the two acquired companies is expected to be approximately $12 million.
"The acquisition of MaximumASP and Aretta Communications is an important step forward for Cbeyond's business," said Jim Geiger, chief executive officer of Cbeyond. "We believe these acquisitions will provide significant growth opportunities, leverage our existing channels of distribution, and expand our innovative technology and expertise."http://www.cbeyond.com
 
 In the company's quarterly financial conference call, Keys said MetroPCS continues to attract users looking for alternatives to long-term commitments. An internal survey by the company found that approximately 1/3 of our new gross additions were previously contracted wireless subscribers. As the first U.S. carrier to launch LTE services, MetroPCS opted to continue offering monthly service plans with no annual contract required.
 In the company's quarterly financial conference call, Keys said MetroPCS continues to attract users looking for alternatives to long-term commitments. An internal survey by the company found that approximately 1/3 of our new gross additions were previously contracted wireless subscribers. As the first U.S. carrier to launch LTE services, MetroPCS opted to continue offering monthly service plans with no annual contract required.

 reported Q3 2010 revenue of Euro 4.074 billion, up 10.5% year-over-year, up 6.8% sequentially. Net income was Euro 25 million or Euro 0.01 per diluted share (USD 0.02 per ADS).
reported Q3 2010 revenue of Euro 4.074 billion, up 10.5% year-over-year, up 6.8% sequentially. Net income was Euro 25 million or Euro 0.01 per diluted share (USD 0.02 per ADS).










 
 
 
 
 
