Boldyn Networks has agreed to acquire Apogee Telecom – a leading provider of on-campus connectivity infrastructure in the US Higher Education industry.
The acquisition expands Boldyn’s footprint and capability in the education sector and contributes to the powerhouse’s rapid growth in the US.
With students using an average of seven connected devices, plus expanding use of cloud services, AI, AR and VR and gaming, the demand for high speed, low latency connectivity at universities represents a significant growth opportunity.
“US Higher Education connectivity is very attractive for us as the demand for managed connectivity services continues to grow. It is also an attractive expansion into this vertical for Boldyn that complements well our ambitious growth strategy,” said Igor Leprince, Group CEO of Boldyn Networks.
“Apogee comes with a very experienced management team with a strong industry reputation, and endless opportunities to take this model to other regions while offering our full portfolio to customers in Higher Education and helping them to navigate the complex technology evolution and opportunities that come with it.
“We look forward to working with the Apogee team to accelerate their impressive growth story.”
Scott Drossos, CEO, Apogee said: “The synergies between our business and Boldyn will open a number of new opportunities to extend our capabilities to existing and new customers in Higher Education.
“Apogee’s customers will continue to enjoy great service and our combined mutual commitment to innovation and customer satisfaction is being strengthened through this agreement.”
