World Cinema, Inc. Acquires Hospitality WiFi LLC
June 27, 2022
World Cinema, Inc. (WCI) has entered into an agreement to acquire Ohio-based Hospitality WiFi LLC, combining WCI's video and property-technology capabilities with Hospitality WiFi's managed wired and wireless networking services for the hospitality sector. The deal creates a converged services provider serving roughly 7,000 properties (about 900,000 rooms) and aims to expand capabilities across in-room entertainment, networking, digital signage, smart building and common-area video intelligence.
- Buyers
- World Cinema, Inc. (WCI)
- Targets
- Hospitality WiFi LLC
- Industry
- Telecommunications
- Location
- Ohio, United States
- Transaction Type
- Buyout
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