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TelNet Worldwide Acquires DigitalRealm Accelerating Product Development and Growth

Jun 03, 2010 (02:06 PM EDT)
URL: http://www.techweb.com/show-press-release/X808143/telnet-worldwide-acquires-digitalrealm-accelerating-product-development-and-growth.html

Synergies benefit customers and build a stronger company.

TROY, Mich., June 3 /PRNewswire/ -- TelNet Worldwide, Inc. (TelNet) a leading provider of quality business essential voice, data, internet and application solutions announced its acquisition of DigitalRealm, a development-driven provider of voice, internet and hosting services to businesses and consumers. DigitalRealm's feature-rich voice over IP (VoIP) unified communication and hosting offerings complement and expand upon TelNet's robust suite of IP-based services.

"TelNet and DigitalRealm have enjoyed a long standing relationship, and the timing was right for us to come together," said Patrick O'Leary, TelNet CEO. "This acquisition further facilitates our rapid deployment of next generation, cloud-based services to support our current business base and broaden our market."

With the acquisition, DigitalRealm principals Ben Carrasco and Howard Levine join the TelNet team, leveraging their extensive engineering and consulting backgrounds to augment the company's burgeoning product development efforts. They will also provide technical direction and leadership in other initiatives that support the mission of the organization.

"Ben and Howard bring heightened energy, experience and a unique perspective into what customers are facing," said Mark Iannuzzi, TelNet founder and president. "Our coming together furthers what we collectively do best – use our talents and entrepreneurial verve to advance the customer experience and step up delivery of smart, productive services."

Ben Carrasco agreed, adding that, "Being part of TelNet we now have the resources, infrastructure and organization behind us so we can focus on implementing and delivering creative solutions. We couldn't find a better match to help us grow our business and bring more to our customers."

"Knowing our customers will benefit was an important factor in our decision to go with TelNet. TelNet matches our passion for customer support," added Howard Levine.

The acquisition is indicative of TelNet's commitment to bolster business in its home state. Establishing itself as the choice provider for Michigan businesses, TelNet offers a portfolio of comprehensive services and applications that enable businesses here to compete locally, regionally and globally while containing costs.

About TelNet Worldwide

Headquartered in Troy, Michigan, TelNet Worldwide, Inc. is a next-generation provider of essential business communications products and services, including converged voice, data and connectivity. Complementing these services, TelNet operates Superior Contact, a full service contact management center, offering live answer, automated and hosted call center solutions to businesses throughout the United States. TelNet's customer-focused professionals, IP-based network and solutions empower businesses to improve productivity and performance. For more about TelNet, visit www.telnetww.com.

About DigitalRealm

Founded in 1999, DigitalRealm provides internet, voice, hosting, and collocation services for business and residential customers. The company develops intelligent ATM+IP hybrid networks in order to meet the demands of convergence and provide a reliable network that supports all types of internet applications. Services range from its economical Quantumvoice branded VoIP services for consumers and small businesses, to enterprise network collaboration and collocation services. For more about DigitalRealm, visit www.digitalrealm.net.

SOURCE TelNet Worldwide