M&A Deal Summary

EarthLink Acquires QX.net

On February 20, 2024, EarthLink acquired communications company QX.net

Acquisition Highlights
  • This is EarthLink’s 6th transaction in the Communications sector.
  • This is EarthLink’s 20th transaction in the United States.
  • This is EarthLink’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2024-02-20
Target QX.net
Sector Communications
Buyer(s) EarthLink
Deal Type Add-on Acquisition

Target

QX.net

Lexington, Kentucky, United States
website
QX.net is a dedicated wireless internet network that has brought unique connectivity solutions, including internet, voice, data center, and SDWAN to businesses across industries. QX.net is based in Lexington, Kentucky.

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Buyer(S) 1

Buyer

EarthLink

Atlanta, Georgia, United States

website


Category Company
Founded 1994
Sector Communications
Employees2,144
Revenue 1.1B USD (2015)
DESCRIPTION
Earthlink's headquarters in Atlanta, Georgia.
Earthlink's headquarters in Atlanta, Georgia.

EarthLink provides internet access, premium email, web hosting, and privacy and data security products and services throughout the United States. EarthLink also has key partner relationships with several of the industry’s largest providers, enabling the Company to offer products and connectivity services available to millions of households nationwide. EarthLink was formed in 1994 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 20 of 21
Sector (Communications) 6 of 7
Type (Add-on Acquisition) 18 of 18
State (Kentucky) 1 of 1
Country (United States) 20 of 21
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-18 One Ring Networks

Athens, Texas, United States

One Ring Networks provides voice and data services across Arizona, California, Georgia, Maryland, and Texas. It offers various services including fixed wireless internet service and other communications services to businesses and consumers. One Ring Networks was formed in 2010 and is based in Athens, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 BroadAspect - Fiber-Optic & Fixed Wireless Network

Sterling, Virginia, United States

BroadAspect's Fiber-Optic & Fixed Wireless Network provides connectivity services.

Buy -