cxo voice
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News

GTT Communications Acquires Access Point in $40 million

Santosh Kumar by Santosh Kumar
October 2, 2018
Reading Time: 2 mins read
GTT Communications
Share on FacebookShare on Twitter

GTT Communications, announced today the acquisition of Access Point, a provider of communication services headquartered in Cary, North Carolina. GTT paid $40 million to acquire Access Point, composed of $35 million in cash and 115,194 shares valued at $5 million. Citizens Capital Markets served as adviser to Access Point on this transaction.

Access Point contribution to GTT Communications :

  1. A growing roster of strategic U.S. enterprise clients, deepening GTT’s presence in key verticals such as retail, manufacturing and energy, with significant upsell opportunities.
  2. Complementary managed broadband, internet and voice capabilities to reinforce GTT’s market leadership in cloud networking.
  3. New partner relationships in the indirect channel, complementing GTT’s expanding presence in the channel marketplace.
  4. A track record of serving clients with highly responsive support, aligning with GTT’s core values of simplicity, speed and agility.

“Access Point’s strong client relationships in key vertical markets make it a compelling strategic fit for GTT,” said Rick Calder, GTT communications president and CEO. “We expect a rapid integration as we work with our new clients to deliver on our purpose of connecting people across organizations, around the world and to every application in the cloud.”

“With GTT communications, Access Point customers now have access to one of the industry’s largest Tier 1 global IP networks and a broad portfolio of cloud networking services backed by a commitment to providing outstanding service that mirrors our own,” said Richard Brown, Access Point CEO. “We value the loyalty of our customers, and we look forward to providing them an even more robust set of communication services as we integrate swiftly with GTT.”

GTT is redefining global communications to serve a cloud-based future, connecting people across organizations, around the world and to every application in the cloud.

ADVERTISEMENT
Santosh Kumar

Santosh Kumar

Senior Writer at CXO VOICE. His email is santosh@cxovoice.com

Related Posts

No Content Available
Load More
ADVERTISEMENT

Expert Views

How Travel and Expense can pave the way for responsible spend culture
Opinion

How Travel and Expense can pave the way for responsible spend culture

May 24, 2023
Data at Rest
Cyber Security

Data at Rest – How Data Encryption and Data Security Beneficial to IT Teams?

May 8, 2023
SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023

Latest Updates

ARM

Arm launches new chips to boost smartphone performance

by IANS
6 hours ago

Yubi acquires digital credit analytics firm FinFort Infotech

by IANS
4 days ago

digital transformation journey and cybersecurity of digital business

Worldwide Government IT Spending to Grow 8% in 2023: Gartner

by News Desk
5 days ago

LG Electonics TV

LG announced OLED TV line-up in India, including 97-inch TV

by IANS
5 days ago

Capgemini launches 6G research lab in India

Capgemini launches 6G research lab in India

by IANS
5 days ago

How Travel and Expense can pave the way for responsible spend culture

How Travel and Expense can pave the way for responsible spend culture

by Srivatsan Santhanam
5 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Interview with Prasanna Arikala, CTO, Kore.ai on AI chatbots
AI

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-
Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/