8. Fusion Buys MegaPath For $71.5 Million
Fusion Telecommunications in May revealed a definitive agreement to purchase fellow telecom service provider MegaPath for $71.5 million. The merger will give the combined company a bigger direct and indirect sales team, and grow its channel community of partners.
Together, the two companies will be better positioned to compete in the crowded service provider market with Unified Communications as a Service, security, SD-WAN and cloud connectivity solutions, according to the companies.