Mon, 26 Jul 2010 06:34:02 -0700
Back on July 12th, while sitting in Paris, I posted that IBBS (Integrated Broadband Services) was going to acquire SinglePipe, a provider of Voice over IP to Tier Two and Tier Three cable operators. Well, it has happened. This is an example of gap filling, while also a "take away" type acquisition. Reports are the buy was for under $2.0 million dollars, meaning the investors behind SinglePipe had pretty much given up pouring more money into the company while IBBS, clearly a company making a roll-up within the industry that services the cable operators, saw an opportunity to widen their...
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