M&A Deal Summary

Nitel Acquires WAN Dynamics

On March 25, 2024, Nitel acquired information technology company WAN Dynamics

Acquisition Highlights
  • This is Nitel’s 2nd transaction in the Information Technology sector.
  • This is Nitel’s 2nd transaction in the United States.
  • This is Nitel’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-03-25
Target WAN Dynamics
Sector Information Technology
Buyer(s) Nitel
Deal Type Add-on Acquisition

Target

WAN Dynamics

Brecksville, Ohio, United States
WAN Dynamics specializes in network security, software defined wide area networking (SD-WAN) and network design consulting, their aim is to make networks more agile in order to reduce operating expense, lessen time to deployment, prevent outages and eliminate costly configuration errors. WAN Dynamics design custom network solutions that can move at the pace of business today and can scale to meet evolving business needs. WAN Dynamics was founded in 2016 and is based in Brecksville, Ohio.

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Buyer(S) 1

Buyer

Nitel

Chicago, Illinois, United States
Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Nitel is a provider of internet connectivity and networking technology services to multi-site small and medium-sized enterprises (‘SMEs’). The Company has a portfolio of communications solutions and a modern platform which delivers reliable, high-performance services to its customers. Nitel was founded in 2003 and is based in Chicago, Illinois.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 Hypercore Networks

Garland, Texas, United States

Hypercore Networks is a global provider with a range of ever-growing solutions design to fit individual business needs. From one end of the spectrum to the other, the company have connectivity and telecom solutions essential to business. With endless, out-of-the-box options, their solutions are tailored to meet the needs of today’s digital organizations. Hypercore Networks was founded in 2016 and is based in Garland, Texas.

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