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Murphx Acquires Innzone for £5Million

Posted: 03rd Jan, 2008 By: MarkJ
Murphx, a UK based wholesale connectivity carrier that supplies several virtual ISP's, has announced the acquisition of the Innzone Wholesale Connectivity division in a deal worth £5million to murphx over the next 3 years:

Innzone, a virtual network operator have been a large channel focused partner of murphx since 2003. The purchase of Innzone is a demonstration of murphx’s commitment to growth both organically and through acquisition following the £6million deal with Cable&Wireless to acquire 102 wholesale broadband partners in August 2007.

Carl Churchill, Director at murphx comments “Were delighted to be acquiring Innzone who have been a long standing partner of murphx having actively sold connectivity services to the channel since 2003. The Innzone acquisition further bolsters our channel by over 100 additional partners and is a key strategic acquisition for murphx. We look forward to working directly with the Innzone clients long into the future”.

Phil Glyn, Managing Director of Innzone commented, “We have built up a strong channel of DSL resellers over the past 5 years, and have had an exceptionally close relationship with murphx throughout. We at Innzone felt it was time for our resellers to be given the opportunity to take their business to the next level, and murphx are the perfect partner to provide that. We know they are in good, safe hands for the future.”

http://www.murphx.com .
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