M&A Deal Summary

TELUS Acquires Adcom

On November 16, 2004, TELUS acquired internet software and services company Adcom

Acquisition Highlights
  • This is TELUS’s 1st transaction in the Internet Software and Services sector.
  • This is TELUS’s 4th transaction in Canada.
  • This is TELUS’s 1st transaction in Ontario.

M&A Deal Summary
Date 2004-11-16
Target Adcom
Sector Internet Software and Services
Buyer(s) TELUS
Deal Type Add-on Acquisition
Advisor(s) Ernst & Young Capital Advisors LLC (Financial)

Target

Adcom

Toronto, Ontario, Canada
Adcom, Inc. is a provider of videoconferencing services. ADCOM offers a complete range of professional videoconferencing products, peripherals and "tailored services".

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Buyer(S) 1

Buyer

TELUS

Vancouver, British Columbia, Canada
Category Company
Founded 1993
Sector Communications
Employees106,400
Revenue 20.0B CAD (2023)
DESCRIPTION

Telus is a Canadian telecommunications company that provides a range of telecommunications products and services including internet access, voice, entertainment, healthcare, video, and satellite television. TELUS was founded in 1993 and is headquartered in Vancouver, Canada.

DEAL STATS #
Overall 4 of 20
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 4 of 19
State (Ontario) 1 of 10
Country (Canada) 4 of 18
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-06-20 PSINet Canada

Canada

In Canada, PSINet provides Internet access, Web hosting, security and e-commerce application services to the Canadian business and ISP markets. The company also delivers consumer and small business Internet services in the Calgary area through its wholly-owned subsidiary, CADVision. PSINet has about 50 points-of-presence, or connection facilities. It serves most major markets in the country, including Toronto, Montreal, Ottawa, Edmonton, Calgary and Vancouver.

Buy $77M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-17 Emergis

Longueuil, Quebec, Canada

Emergis, Inc.,develops and manages solutions that automate transactions and the secure exchange of information to increase the process efficiency and quality of service of its customers.

Buy $763M
Mergr

Product

Company

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