EarthLink completes acquisition of Nextera Communications to expand service offerings
Oct 01, 2024•10 months ago
Acquiring Company
EarthLink
Acquired Company
Nextera Communications
Description
EarthLink, a premier internet service provider, has acquired Nextera Communications, a leading provider of fixed wireless, voice, and data solutions in Minnesota. This strategic acquisition marks a major step in expanding EarthLink's service offerings to small and medium-sized businesses across the United States, affirming its commitment to providing seamless, high-quality internet experience nationwide.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed