Telecoms acquistion creates £40m-turnover group
Solihull’s MMX Communications has been acquired by telecom asset management company TXO Systems in a deal which creates a £40m-turnover global business.
The deal creates a combined business with 225 employees across a network of six offices in the UK, US, Brazil and Australia.
Founded in 2005 and operating on five continents, TXO Systems has more than 1000 customers globally, and these include 75% of the top 100 telecoms companies.
The deal follows a period of sustained year-on-year organic growth for TXO, driven by intern... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...