Amcom Telecommunications to acquire aCure Technology
Aug 23, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
Amcom Telecommunications, Ltd. has acquired aCure Technology Pty., Ltd., an operator of data centers, for AUD14.3 million ($12.91 million). Both the companies are based in Australia.
Amcom Telecommunications is a provider of data connectivity and telecommunication services.
Amcom Telecommunications will fund the transaction from its existing bank facilities.
The transaction is expected to be complete in September 2013.
Deal Value (US$ Million) 12.91
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2013-08-22
Target (Company) aCure Technology Pty., Ltd.
Acquirer (Company) Amcom Telecommunications, Ltd.
The transaction will enable Amcom Telecommunications to expand its data center footprint.
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