Nitel Acquires Hypercore Networks
June 27, 2022
Nitel, a Chicago-based Network as a Service (NaaS) provider, announced the acquisition of Garland, Texas-based Hypercore Networks. The deal — executed as part of Nitel's inorganic growth strategy following a Cinven investment — expands Nitel's U.S. footprint, accelerates international growth, and adds complementary capabilities including voice solutions and additional SD-WAN platforms.
- Buyers
- Nitel
- Targets
- Hypercore Networks
- Platforms
- Nitel
- Industry
- Telecommunications
- Location
- Texas, United States
- Transaction Type
- Addon
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