IPtimize has acquired AFS’s broadband access and hosted VoIP telephone services business. Based in Boise, Idaho, the commercial VoIP business assets acquired by IPtimize serve small-business and enterprise customers in four metropolitan areas: Boise, Idaho, and its surrounding areas; Reno and Las Vegas, Nevada; and Salt Lake City, Utah. The acquisition more than doubles the number of IP endpoints served by IPtimize and adds both expanded geographic reach and an established commercial customer base to the growing VoIP business at IPtimize.
IPtimize will be offering a complete suite of advanced commercial voice services to the acquired AFS customers, continuing to work with AFS to provide commercial VoIP and data management services to AFS customers in other markets as well. The transition is expected to be seamless for customers.
Though additional details of the agreement were not disclosed, the transaction is a debt-free cash transaction which closed last week.