Frontiir Acquires US Cloud-Storage Firm Termaxia
March 6, 2020
Frontiir, a leading Myanmar internet service provider, has acquired Termaxia, a US-based developer of energy-efficient, software-defined cloud storage. The deal will expand Frontiir's cloud and ISP infrastructure capabilities and establish a new R&D center near Philadelphia to scale Termaxia's technology for Frontiir's cloud product offerings.
- Buyers
- Frontiir
- Targets
- Termaxia
- Industry
- Cloud & SaaS
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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