Add-on Acquisition • Communications

MCI inc. Acquires Intermedia Communications

On September 5, 2000, MCI inc. acquired communications company Intermedia Communications for 3.0B USD

Acquisition Context
  • This is MCI inc.’s 4th transaction in the Communications sector.
  • This is MCI inc.’s 3rd largest (disclosed) transaction.
  • This is MCI inc.’s 6th transaction in the United States.
  • This is MCI inc.’s 1st transaction in Florida.

Explore All 1705 Add-on Acquisition Communications Deals - Search the Database Free


M&A Deal Summary

Date September 5, 2000
Target Intermedia Communications
Sector Communications
Buyer(s) MCI inc.
Deal Type Add-on Acquisition
Deal Value 3.0B USD

Target Company

Intermedia Communications

Tampa, Florida, United States
Intermedia Communications Inc. is a provider of integrated communications services including voice and internet.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

MCI inc.

Ashburn, Virginia, United States

Category Company
Sector Communications
DESCRIPTION

MCI Inc. is a provider of communications connectivity to businesses, governments and consumers. The Company was formerly known as MCI WorldCom.


Deal Context for Buyer #
Overall 6 of 7
Sector: Communications 4 of 4
Type: Add-on Acquisition 2 of 3
State: Florida 1 of 1
Country: United States 6 of 7
Year: 2000 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-11-10 MCI Communications

Washington, District of Columbia, United States

MCI Communications Corp. was an American telecommunications company formed in 1963.

Buy $37.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-25 NetSec

Herndon, Virginia, United States

NetSec, Inc. provides managed security services for corporations and government agencies.

Buy $105M