Cbeyond has bought cloud service providers MaximumASP of Louisville, Kentucky, and Aretta Communications of Roswell, Georgia, for a combined US$40 million.
Cbeyond, which providers IT and communications services to 55,000 small businesses, said the acquisitions give it an entry into the cloud services market, broaden its geographic footprint and give it new web distribution and private label reseller channels. It also gains a 33,000 sq ft data centre.
Source: Atlanta Business Chronicle