Image via Wikipedia
Bankrupt one year and purchased the next … that’s CommPartners’ Hosted Services to Momentum Telecom and its carrier side to Point1. Russian mobile giant with subscribers in South Asia, Russia, Africa and Middle East buys a tiny mobile sleeper.
Ask anyone in the Open Source and telecommunications community around the globe who CommPartners is? A typical answer would be, “Oh, they are the ones key to keeping http://www.voip-info.org going.” Another … “aren’t they based in Las Vegas?” CommPartners has had some all time lows including filing bankruptcy in 2010. The 6th of May was a high, Momentum Telecom is buying CommPartners’ hosted services. (Thanks to Peter Radizeski for correcting me that hosted services were bought by Momentum Telecom and carrier services by
More at http://www.techistan.com/2011/05/09/communications-over-internet-pressure-cooker-produces-another-acquisition-momentum-and-commpartners/.
I am not an expert regarding investment, acquisitions, and buy-outs, but every day, I talk to dozens of wholesale level and SME level companies in the IP technologies or communications business because of DIDX and now, our online magazine Techistan, and I like to share the insight that i gain from them. More articles about acquisitions (especially related to IP communications) I have written:
http://www.techistan.com/2011/05/03/network-and-joint-venture-with-people-and-companies-opposite-of-you/
http://www.techistan.com/2010/11/11/uae-incumbent-etisalat-to-acquire-over-half-of-zain-share-capital/
and http://www.techistan.com/tag/acquisition/ and http://www.techistan.com/tag/acquisitions/.
