NeoNova, the Triangle-based company that provides a variety of support services to rural Internet broadband providers, is expanding its footprint with an acquisition.
The firm, which is owned by the National Rural Telecommunications Cooperative, is buying Alabama-based API Digital, it said Thursday.
Financial terms of the deal were not disclosed.
“We believe strongly that by combining our two companies, we can offer our customers and other rural broadband providers better service and a broader range of solutions,” said NeoNova CEO Jason McGinnis. “API Digital’s services, such as their network operations center and their call center, will add a new dimension to our capabilities, and we’re really excited to have them join us.”
API Digital will remained based in Huntsville, Ala. and operate as a wholly owned subsidiary of NeoNova.
“By adding API Digital’s core services to NeoNova’s already strong service portfolio,” Bryan explained, “this acquisition helps us offer even better managed network services to rural America,” said NRTC’S CEO Tim Bryan.
NenoNova, which has 144 employees, provides help desk, revenue-building and networking services to 230 rural broadband firms spread across 44 states.
API Digital numbers 60 employees and has more than 100 customers.
