Two currently unprofitable communication providers will soon combine their efforts to survive in the marketplace. Specifically, Level 3 Communications acquires the IP solutions company Global Crossing. Level 3 is reportedly buying Global Crossing for $3 billion, minus the $1.2 billion in debt that Global Crossing has accumulated. It is the third largest acquisition of the 170 telecommunications-service space acquisitions in the last three years.
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Level 3 Buys Global Crossing, Expands into New Continents
Posted April 12th, 2011 by Nicholas Mukhar
Managed Services Acquisition: All Covered Buys Alteritech
Posted October 25th, 2010 by Matthew Weinberger
All Covered remains on the acquisition trail. The latest deal involves Alteritech in a play to reinforce its presence in Washington, D.C., and Baltimore, Md. Here’s the scoop.
Five Anticipated Trends At Kaseya User Conference
Posted May 30th, 2008 by Joe Panettieri
I’m packing my bags and heading to the Kaseya User Conference in Las Vegas, which runs June 1-3. On the one hand, I expect to hear plenty of “Kaseya” centric news at the event. But I will also be digging deeper, meeting with managed service providers and corporate IT leaders, to hear about their experiences and learnings in the managed services market. Here are five trends or themes I’ll be exploring.
How Much Is Your Company Worth?
Posted April 16th, 2008 by Joe Panettieri
As managed service providers continue to acquire one another, readers have been asking me about MSP valuations. Are buyout prices based on specific financial multiples? Are MSPs valued based on a multiple of revenue, gross profits, net income, something else?
