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May 06, 2015 10:18 PM ET

Diversified Telecommunication Services

Company Overview of TeraGo Networks Inc.

Company Overview

TeraGo Networks Inc. provides telecommunication, data and voice communications, co-location and hosting, and cloud infrastructure services in Canada. It offers cloud computing and storage, which include migrating IT network and infrastructure solutions; co-location and disaster recovery data centers for enterprises; high speed Internet for businesses; data networking, and Ethernet and wide area networking services connecting office locations within a single city or multiple cities; and Internet redundancy services. The company provides voice services, including business phone services through SIP trunking and IP primary rate interface solutions. It owns and manages its own wireless IP networ...

55 Commerce Valley Drive West

Suite 800

Thornhill, ON L3T 7V9

Canada

Founded in 1999

Phone:

905-707-0788

Fax:

905-707-6212

Key Executives for TeraGo Networks Inc.

Chief Executive Officer, President and Director
Chief Financial Officer
Vice President of Engineering and Operations
Vice President of Corporate Development and General Counsel
Vice President of Marketing
Compensation as of Fiscal Year 2014.

TeraGo Networks Inc. Key Developments

TeraGo Inc. Enters into Amendment Agreement to its Credit Facilities

TeraGo Inc. announced that its subsidiary TeraGo Networks Inc., has closed its acquisition of RackForce Networks Inc. for an enterprise value of $33 million. In connection with the closing of the acquisition, TeraGo has entered into an amendment agreement to its credit facilities whereby the total credit facilities have increased from $50 million to an aggregate amount of $85 million. The maturity date on which the credit facilities will be terminated has been extended to June 30, 2018 from June 6, 2017.

TeraGo Networks Inc., RackForce Networks Inc. - M&A Call

TeraGo Networks Inc., RackForce Networks Inc. - M&A Call

TeraGo Mulls Acquisitions

Stewart Lyons, Chief Executive Officer and President of TeraGo Networks Inc. said, "Combining data center services with our extensive IP-based network allows us to enable businesses across Canada to innovate and grow in a dynamic and fast-paced market. We remain focused on continuing to drive growth, both organic and through acquisition, in both broadband and data center services."

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 19, 2015
RackForce Networks Inc.
 

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