EarthLink completes acquisition of BroadAspect to expand business presence with fiber-optic and fixed wireless network
Apr 02, 2024•over 1 year ago
Acquiring Company
EarthLink
Acquired Company
BroadAspect
Description
EarthLink, a leading internet service provider, announced the acquisition of BroadAspect's fiber-optic and fixed wireless network, continuing its strategy of expansion. This acquisition bolsters EarthLink's network on the East Coast, expanding the scope and quality of business services and product offerings across the nation. The partnership with BroadAspect highlights EarthLink's commitment to delivering exceptional service and expanding its network offerings across the U.S.
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