M&A Deal Summary

AT&T Acquires USinternetworking

On October 20, 2006, AT&T acquired internet software and services company USinternetworking for 300M USD

Acquisition Highlights
  • This is AT&T’s 1st transaction in the Internet Software and Services sector.
  • This is AT&T’s 13th largest (disclosed) transaction.
  • This is AT&T’s 10th transaction in the United States.
  • This is AT&T’s 1st transaction in Maryland.

M&A Deal Summary
Date 2006-10-20
Target USinternetworking
Sector Internet Software and Services
Buyer(s) AT&T
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

USinternetworking

Annapolis, Maryland, United States
USinternetworking, Inc. is an independent Applications Service Provider (ASP).

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Buyer(S) 1

Buyer

AT&T

Dallas, Texas, United States
Category Company
Founded 1983
Sector Communications
Employees148,290
Revenue 122.4B USD (2023)
DESCRIPTION
AT&T's corporate headquarters in downtown Dallas, Texas.
AT&T's corporate headquarters in downtown Dallas, Texas.

AT&T is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T's services and products include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, and wholesale services. AT&T was founded in 1983 and is headquartered in Dallas, Texas.

DEAL STATS #
Overall 11 of 37
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 9 of 30
State (Maryland) 1 of 1
Country (United States) 10 of 32
Year (2006) 1 of 3
Size (of disclosed) 13 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-17 net2phone

Newark, New Jersey, United States

net2phone, Inc. is a provider of cloud based telephony services. net2phone's flagship hosted PBX service offers its channel partners the opportunity to uncover significant recurring revenues, enjoy customer retention, and add new services to, or even build, their own brands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-26 inFreeDA

Menlo Park, California, United States

inFreeDA, Inc. an ad supported phone based directory service.

Buy -
Mergr

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