|
|
Article: United States: Transcend Communications, Inc. of Minneapolis, Minnesota Has Announced That It Has Signed A Letter of Intent to be Acquired by Fastech Investment Group.
- Article from:
- TendersInfo
- Article date:
- August 29, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: datta003
Transcend Communications, a Minneapolis, Minnesota based reseller and integrator of IP telephony, network & video solutions today announced it has signed a Letter of Intent to be acquired by Philadelphia, PA based Fastech Investment Group backed by NewSpring Capital, also of Philadelphia.
With over 3,000 customers and focused on ShoreTel and Avaya system implementations, Transcend expects the acquisition by Fastech to be a catalyst for accelerated growth and expansion. Transcend's customers can expect to see the same management and support team that has enabled Transcend to achieve some of the industry's highest customer satisfaction ...