M&A Deal Summary

Teliphone Acquires Titan Communications

On February 11, 2013, Teliphone acquired communications company Titan Communications

Acquisition Highlights
  • This is Teliphone’s 1st transaction in the Communications sector.
  • This is Teliphone’s 2nd transaction in the United States.
  • This is Teliphone’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-02-11
Target Titan Communications
Sector Communications
Buyer(s) Teliphone
Deal Type Add-on Acquisition

Target

Titan Communications

Richardson, Texas, United States
Titan Communications, Inc. is a provider of phone and communications to residential customers as well as to small/mediums sized businesses. It provides these clients the same functionality available to large enterprises without the associated expense.

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Buyer(S) 1

Buyer

Teliphone

1550 Alberni Street 3rd floor, British Columbia, Canada

Category Company
Founded 2004
Sector Internet Software and Services
Employees22
Revenue 8M USD (2012)
DESCRIPTION

Teliphone Corp. is a provider of voice, data, broadband Internet, IT support, Cloud computing, Co-location data centres and IPTV service across Canada. Teliphone services carriers, business, government and residential customers on a national network which includes a wireless backhaul network, a trans-Canada SONET fibre optic network and multiple CLEC/ILEC mutual CO facilities.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-11 New York Telecom Exchange

New York, New York, United States

New York Telecom Exchange, Inc. is a provider of financial services in telecommunications commodity exchange.

Buy $5M