Cable / Telecom News

Shaw’s ViaWest acquires InetU for $162.5M

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DENVER, CO – Shaw Communications subsidiary ViaWest is buying INetU from BV Investment Partners and other shareholders for US$162.5 million.

INetU is a customer-centric solutions provider for public, private and hybrid cloud environments, coupled with deep managed security and compliance services.  The company says that its existing customer base ranges from medium-sized businesses to the Fortune 100, including those in key ViaWest industry segments such as healthcare, financial services and education.

Additionally, the company's data center locations in Pennsylvania, Virginia, Washington, the United Kingdom and the Netherlands complement the ViaWest footprint and position the company for further expansion, reads the news release.

"Our acquisition of INetU advances our offerings and strengthens our position as a premier Hybrid IT solutions provider," said ViaWest president and CEO Nancy Phillips, in the release.  "It will allow us to add new services and capabilities to our cloud and managed offerings, and expand our geographic footprint with East Coast and European cloud locations to offer our customers more choice for deployment of their applications."

www.viawest.com

www.shaw.ca